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

Ibm®Bluemix

There's a New Way to Work. It's Made with IBM Cloud.

Build your apps your way.
Start with a free Bluemix trial.

Get Started

developerWorks®
Premium

Exclusive tools to build
your next great app.

Learn More

RT @JobbioUK: Time to get excited for #ExpandLDN #Londonevents ✌️ Get your ticket: https://t.co/7s4P5tDXhy #techjobs #jobs https://t.co/063…

In this cold weather, make sure to check on vulnerable friends, family and neighbours. https://t.co/j3w0s2ALJ4 https://t.co/ysHVeZHzN8

RT @GavinJPoole: Great event coming to @HereEast for @LDNTechWeek London Tech in June #LeanStartup https://t.co/yJsQcFTpNV

Will AI ever take lawyers' jobs? Robert Morley @ExcelloLaw has the answer: https://t.co/QvAyRYXwqC

Are you a great “connector” & want to help tech startups succeed locally & internationally? Join our London team… https://t.co/9pCvHerFeS

Tech.London Weekly

×