Yahoo Planning Big Investment In Snapchat, Says Report
socalTECH
OCTOBER 6, 2014
Yahoo is planning a big investment in Venice-based Snapchat , in a deal that values Snapchat at $10 billion, according to a report over the weekend. The WSJ reports that Yahoo is investing around $20M in Snapchat at the lofty valuation, using money it cashed out of the IPO of Alibaba. READ MORE>>.
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