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In filing for $3 billion IPO, Snapchat identifies Apple as a major competitor

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Snap Inc, the company behind the Snapchat iOS app, is preparing an initial public offering which it hopes can raise $3 billion, with the Securities and Exchange Commission filing identifying Apple and its iMessage platform as one of its main competitors.

from AppleInsider - Frontpage News http://ift.tt/2l3oPe7

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