Around the Net
Alibaba Reportedly Invests $200 Million In Snapchat
- The Wall Street Journal, Thursday, March 12, 2015 1:21 PM
Alibaba is investing in Snapchat in a deal that values the company at $15 billion, reports The Wall Street Journal, citing two people familiar with the deal. A previous investment last year from Yahoo and venture-capital firm Kleiner Perkins Caufield & Byers valued the messaging startup at $10 billion.
