Snap Inc., parent company of Snapchat, is said to be working on an IPO

snapchatSnap Inc., parent company of Snapchat, is said to be working on an IPO that could value the company at $25 billion. It could happen as early as March 2017. Merely two months ago, Snapchat was valued at just $18 billion. The growth in Snapchat comes as Twitter Inc. shares dropped 20 per cent.