Snapchat no longer in talks with China's Alibaba: Report
Snapchat's financing talks with China's Alibaba Group Holding are over, Bloomberg reported, citing people familiar with the matter.
The developer of a popular app that allows users to send messages that disappear after a few seconds was reportedly in talks last week with investors, including Alibaba, for financing that could value the company at $10 billion.
Discussions between the two companies have not been active for some time, Bloomberg said, citing other people familiar ..
Snapchat's financing talks with China's Alibaba Group Holding are over, Bloomberg reported, citing people familiar with the matter.
The developer of a popular app that allows users to send messages that disappear after a few seconds was reportedly in talks last week with investors, including Alibaba, for financing that could value the company at $10 billion.
Discussions between the two companies have not been active for some time, Bloomberg said, citing other people familiar ..
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