Business / 2016 Top 10

Top 10 most valuable startups in the world

(chinadaily.com.cn) Updated: 2016-02-02 07:26

No 5 Snapchat ($16 billion)

Snapchat, which famously turned down a $3 billion takeover offer from Facebook in 2013, is now worth more than five times that. The four-year-old app, which allows users to send each other images that are deleted almost immediately, has raised around $1.2 billion from investors.

Top 10 most valuable startups in the world

An billboard featuring the Snapchat logo in Richfield, Minnesota on October 24, 2015. [Photo/IC]

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