Snapchat 'to float on US stock market at record IPO'

If photo messaging app has indeed filed for flotation, it could be the biggest since Alibaba

snapchat
(Image credit: Carl Court/Getty Images)

Snapchat's parent company, Snap Inc, has filed for stock market flotation with the US Securities and Exchange Commission, according to reports.

The photo-sharing app is expected to raise a record-breaking initial public offering (IPO) if its bid to go public is approved.

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