Welcome to WebmasterWorld Guest from 54.158.65.139

Forum Moderators: buckworks & not2easy

Report: Snapchat In Talks With Investors, Including Alibaba Group

   
3:59 pm on Jul 30, 2014 (gmt 0)

WebmasterWorld Administrator engine is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month



This looks like a move by Alibaba to involve itself in more US investments.

Snapchat Inc., the company that makes a mobile application for disappearing photo messages, is in talks with investors including Alibaba Group Holding Ltd. for a round of financing that may value the company at $10 billion, people with knowledge of the situation said.

The talks are ongoing and the terms of the funding may change, said one of the people, who asked not to be identified because the talks are private. Report: Snapchat In Talks With Investors, Including Alibaba Group [bloomberg.com]
 

Featured Threads

My Threads

Hot Threads This Week

Hot Threads This Month