Over the past few years, the popularity of Snapchat has become unrivaled. With unique filters, features and more, it’s become a new fold in the world of social networking. Today Snapchat is back in the news, as word comes down that Snap Inc. To Reportedly File Publicly For Its IPO This Week. The news came down recently from TechCrunch who pointed out that the filing will give us our first proper look at the company’s financials.
The app boasts an active user base estimated to exceed 150 million and an annual revenue projection in excess of $1 billion USD, while it’s expected to be worth over $20 billion USD.Speak your mind on the news in the comments below and speak your thoughts on it after the jump. Stay tuned for much more from Snapchat coming very soon!