Description: Crude Oil (petroleum), simple average of three spot prices; Dated Brent, West Texas Intermediate, and the Dubai Fateh, Rial Omani per Barrel. Unit: Rial Omani per Barrel.
Though Snapchat has offered sponsored geofilters for some time, on-demand filters will cover much smaller geographic areas and will cost significantly less, with prices ranging from $5 to several thousand dollars. (You can use the company's new online tool to experiment with prices and locations.)
It was announced in February that the company is seeking a new round of funding that would value the company as high as $19 billion. IPO Buzz. Along with an impressively high valuation, Snapchat has been making strategic business decisions over the past few years that hint at the possibility of an IPO. Back in 2013, the company caught the attention of tech giants Facebook Inc (FB) and Google Inc (GOOG, GOOGL). The companies offered to acquire Snapchat for $3 billion and $4 billion, respectively.