Snapchat Seeks to Raise as Much as $4B in IPO

Re:Snapchat Seeks to Raise as Much as $4B in IPO by giarc on Wednesday October 26, 2016 @04:32PM (#12800198)

From what I've heard, if you are 13-25 with a smartphone, there's a good chance your primary source of communication is snapchat. And unlike other platforms (WeChat, WhatsApp), snapchat has a content delivery mechanism. So not only do friends connect with friends, but they also connect with businesses, celebrities etc.

Twitter was never about fast communication between two people, no one every said "Let's see if Mike wants to join us for dinner, I'll just Twitter DM him". Whereas WeChat, Viber, Whatsapp allows you to communicate quickly, there's no connection to advertisers (from what I know). Therefore snapchat is valued so highly because it does what twitter and Whatsapp et al couldn't do.

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Re:Snapchat Seeks to Raise as Much as $4B in IPO by dilemma on Wednesday October 26, 2016 @08:07PM (#12801872)

Your understanding of WeChat is not very accurate. It's on a completely different level of integration with daily life than Facebook, Instagram, Snapchat, or anything else. It doesn't really do ads because companies run their shop on WeChat. It has a payment system, it lets you book and pay for taxis, order lunch, etc. In comparison, Snapchat is hot air.

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Re:Snapchat Seeks to Raise as Much as $4B in IPO by giarc on Wednesday October 26, 2016 @09:26PM (#12802217)

Hmm I didn't know that about WeChat. I've never used it, thanks for the clarification.

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