Home Business NewsTech NewsSnapchat's parent company to set up London HQ

Snapchat's parent company to set up London HQ

by
10th Jan 17 11:40 am

Tech giants flock to the capital

Snapchatโ€™s parent company is planning to set up its European HQ in London.

The LA-based social media giant, which has more than 150m daily active users across the world with more than 10m estimated in Britain, will set up a new office near its existing Soho HQ.

Claire Valoti, General Manager of Snap Group Limited in the UK: โ€œWe believe in the UK creative industries. The UK is where our advertising clients are, where more than 10m daily Snapchatters are, and where weโ€™ve already begun to hire talent.โ€

The news is a boost to Britain in the post-Brexit vote era. Other tech giants that have a European base in London include Facebook and Google.

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