Snap Inc, Snapchat’s parent company, is expected to publicly file its initial public offering (IPO) next week, says a report in Recode. The site quoted sources who said Snap Inc is planning to file the IPO late next week. The report adds the timing may still change given this is ‘typical’ in public offerings.
Snapchat filed for an IPO with the Securities and Exchange Commission on November 8 last year. The Venice, California-based company is expected go public in March and might be valued at $20 billion to $25 billion,…