Snap co-founder Bobby Murphy (left) and chief executive Evan Spiegel (centre) prepare to ring the opening bell at the New York Stock Exchange on March 2. Snap is the largest technology initial public offering since Alibaba. Photo: Xinhua
Peter Guy
Opinion

Opinion

Mind the Gap by Peter Guy

From ‘nude pics’ to a US$33b valuation – how Snap took on Facebook

A loss making company selling disappearing images now possesses a market capitalisation that eclipses many well known global organisations

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Snap co-founder Bobby Murphy (left) and chief executive Evan Spiegel (centre) prepare to ring the opening bell at the New York Stock Exchange on March 2. Snap is the largest technology initial public offering since Alibaba. Photo: Xinhua
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