Snapchat picks London for international base in boost for UK tech

Jan 10, 2017 · telegraph.co.uk

Screen shot 2017 01 10 at 15.54.23

Snapchat has set up its international headquarters in London and will book sales from outside of the US in the UK.

The move is a significant departure from other internet companies like Google and Facebook, which have registered the majority of their international advertising revenues in Ireland, as well as a boost to the British tech sector after the Brexit vote.

Snap, the photo-sharing app's parent company, said "the UK’s strong creative industries make this a great place to build a global business".

A spokesman said the move was a commonsense decision that aligned its tax affairs with the business itself. Snap has 75 employees in the UK and plans to expand in the future, as well as more than 10 million daily users.

Read Complete Article

RT @gxpsummit: So excited to be featured by @techdotlondon in their 10 Must-See @LDNTechWeek events! We can't wait! #innovation #London #te…

RT @LDN_gov: Pollution levels are moderate across London & forecast to remain this way over the weekend. Check https://t.co/UT8m3KV5FV for…

Esteemed @TechUK CEO Julian David will join the #ITI2017 Panel: Building the future #digital infrastructure #LTW… https://t.co/D8h6OjS5PH

Britain's Got Talent 2017, episode 7: has the novelty finally worn off for Simon Cowell? https://t.co/4ZBLXCckWs

Britain's security minister: 'Duplicitous' social media firms failing to halt terror #premium https://t.co/c3v6MxrvQc

Tech.London Weekly

×