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Snapchat To Base Itself, Outside The US, In The UK

  • Sky News, Tuesday, January 10, 2017 10:17 AM

Snap, the owner of Snapchat, has confirmed it will make the UK its main hub outside the U.S. The tech giant, which is reportedly preparing for a $25bn (GBP21bn) stock market float on Wall Street, said the UK was "a great place to build a global business." The likes of Apple, Google, Facebook and others have chosen lower tax regimes, such as Ireland, for a base in Europe.

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