Snap Inc’s IPO valuation at $22 billion invokes speculation and debate. After a day of trading the value of the mother of Snapchat – that lost $500 million in 2016 – rose even to $34 billion. It would mean a revenue multiple of 84 as Snap’s sale was $404 million in 2016. Amazon, Netflix, Alphabet (Google) and Facebook are “only” trading at a revenue multiple range of 3-14. Snap has to invest the $2.3 billion fresh capital in its coffers wisely and with a huge return, but still then it’s hard to imagine how Snap can underpin it’s gigantic valuation.
France is urging the EU to grant it the ability to delist non‑compliant ecommerce platforms…
In recent years, hyper-personalization has emerged as a game-changer in ecommerce. By leveraging AI to…
The European General Court has ruled against Zalando in its legal challenge to the Digital…
When ASML announced it was investing €1.3 billion in French startup Mistral AI, the news…
TrueData, a trusted Dutch supplier of IT products and solutions, is adopting Full Icecat to…
As AI-driven search reshapes online discovery, GEO (Generative Engine Optimization) is becoming vital for e-commerce…