Snapchat is about to go public - and it could be worth EIGHT TIMES what Mark Zuckerberg offered for it in 2013

The proprietor of photo-sharing application Snapchat is reportedly arranging a Wall Street flotation that could value it at up to $25 billion (£20 billion).

That is more than eight times the sum Facebook author Mark Zuckerberg reportedly offered to pay for three years back.

Snapchat's Evan Spiegel dismisses the $3 million offer in 2013, in the conviction that Snapchat's client numbers would develop enough to legitimize a significantly bigger valuation.

Presently it appears he could be proved right. In the event that the valuation is right, it would be the greatest flotation since Chinese online business mammoth Alibaba's first sale of stock in 2014.

It is thought that California-based Snap Inc made the filing for the listing privately before Donald Trump's US presidential triumph, and is wanting to go public as soon as March.

Snapchat propelled in 2012 as a free portable application permitting clients to send photographs that lapse within seconds.

It now has more than 100 million dynamic clients, around 60% of whom are matured 13 to 24, making it an alluring path for promoters to reach millennials.

A few speculators are worried that Snapchat's publicizing deals, which started last October, are the organization's exclusive huge source of revenue.

The organization has reportedly filed with the Securities and Exchange Commission under the US Jumpstart Our Business Startups Act, which is planned for organizations with under $1 billion in income.

Be that as it may, the organization is apparently investigating elective income streams.

Snapchat's parent group reported in September that it was renaming the organization to Snap Inc as it grows further products, incorporating shades with an implicit camcorder.

The gadget, called Spectacles, records 10 second clasps on a minor coordinated camcorder which are then exchanged straightforwardly to the Snapchat application by means of Wi-Fi or Bluetooth.

Snapchat divulged brilliant yellow candy machines in the US prior this month that will offer its new Spectacles for $129 (£103).

The machines, called Snapbots, include a cartoon-like face and are finished with inflatables.

Snap Inc was not instantly accessible for input on its reported flotation arranges.