Also Read: Snapchat Reveals Community Geofilters
The service currently moves 350 million “snaps” daily among its 100 million users.
Evan Spiegel,SnapChat‘s CEO, reportedly said that he will not be seriously considering similar offers until early next year, hoping to capitalize on the staggering growth of the service and get a higher value for it by then. Thing is, “early next year” is in a couple of months.
A SnapChat spokeswoman declined to comment.
Another fact we should highlight is that the $3 billion Facebook offered is triple the amount it spent to acquire Instagram, which was bought for $1 billion.
We can only wish him the best of luck, remember when Groupon turned down a $6 billion buyout offer from Google? ;)
- SnapChat, the Real-Time Photo Chatting Network that Grows Fast
- Facebook’s Updated Messenger is an SMS App Killer
- Teens Best Choice:Tumblr & Instagram [Infographic]
More from Snapchat
Snapchat has announced the launch of Bitmoji TV, four-minute cartoons that involve you and your friends Bitmojis.