Alibaba just invested in Snapchat: Four charts showing just how big its new $15bn valuation is

 
Lynsey Barber
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Snapchat has gained new funding which has increased its valuation (Source: Getty)

Everyone’s favourite disappearing messaging app, Snapchat, has raised a new round of funding from Alibaba which values the firm at $15bn (£10bn).

It’s a vote of confidence for the four-year-old app, which has just introduced a host of content-driven advertising features in a bid to start generating some revenue.

The app picked up $200m from the Chinese ecommerce firm in a new funding round, according to widespread reports, which would make it the third most valuable startup in the world.

1. It's worth more than any other venture-backed startup in the world today - except Uber, Xiaomi and Palantir

It follows a previously rumoured round of funding in which it was valued at $10bn, bringing its total venture funding to more than half a billion dollars based on previously disclosed figures.

It has now surpassed Drobox, Airbnb and Flipkart, which are also valued at £10bn and brings it equal to big data company Palantir.

2. It's is worth more than over two-thirds of FTSE 100 listed firms

3. ... and more than nearly all Nasdaq companies

4. ... and the GDP of these seven countries

Those figures also place a rudimentary $150 price tag on each Snapchat user, up from the $100 when its was previously valued at $10bn.

In addition to the round of Alibaba funding, further investment could also be on the cards, increasing its valuation even further

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