Seeing too much comparing between mobio higher than snapchat, thus concluding ..

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Seeing too much comparing between mobio higher than snapchat, thus concluding ..

posted on Jan 14, 2014 04:22AM

Valuation.

Which is nonsense. Snapchat is a popular free mobile app. Of which, we do not have the statistics on it, except it's one of the most popular apps among teens.

The valuation on Snapchat (4 billion) was not based on their online website (which Alexa is showing), but on the apps. The information/data a company can extract from these teens and target future ads.

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