Snapchat owner Snap reveals $515m loss - as it files for $25bn public share offering

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Is there enough growth for Snapchat for Snap to ever become profitable?
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Is there enough growth for Snapchat for Snap to ever become profitable?

Snap's prospects: No profit, no voting rights and highly dependent on Google, who it pays $400m per year

Snap, the owner of popular picture-sharing app Snapchat, has revealed a whopping $514.6m loss for 2016 - contained within its plans for a $25bn share offering, filed this week. The company is expecting...

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