Snapchat chief executive and co-founder of Evan Spiegel, pictured in 2014. Photo: Reuters Snapchat chief executive and co-founder of Evan Spiegel, pictured in 2014. Photo: Reuters
Snapchat chief executive and co-founder of Evan Spiegel, pictured in 2014. Photo: Reuters

Snapchat reveals $485m of funding, taking it to a reported $10bn valuation

Lawsuits, leaked snaps and regulatory scrutiny haven’t put investors off messaging app as it finally starts making money from ads

Snapchat chief executive and co-founder of Evan Spiegel, pictured in 2014. Photo: Reuters Snapchat chief executive and co-founder of Evan Spiegel, pictured in 2014. Photo: Reuters
Snapchat chief executive and co-founder of Evan Spiegel, pictured in 2014. Photo: Reuters
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