This summer, Facebook tried to buy Snow, TechCrunch reports. Snow, if you’re not familiar, is a Snapchat-like service from Naver -- the $25 billion-valued Korean firm behind chat app
Line. Presently, “Snow has around 80 million downloads, and it is adding around 10 million more each month,” TechCrunch notes, citing comScore data. “That growth has also
encouraged acquisition interest from Tencent -- the maker of blockbuster chat app WeChat -- Alibaba and others.”
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