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Alibaba Group Holding Ltd (BABA) Values Snapchat At $15 Billion
2015-03-13 13:54:02| Apparel - Topix.net
Alibaba Group Holding Ltd values photo sharing platform Snapchat at $15 billion, if reports of a $200 million investment on Fox Business are anything to go by. The investment by Alibaba does not come as a surprise as Snapchat has on its ranks respected banker, Imran Khan, as its chief strategy officer who helped the giant e-commerce to IPO last year.
Tags: group
values
holding
billion
Alibaba Group Holding Ltd (BABA) Values Snapchat At $15 Billion
2015-03-13 13:04:15| Appliances - Topix.net
Alibaba Group Holding Ltd values photo sharing platform Snapchat at $15 billion, if reports of a $200 million investment on Fox Business are anything to go by. The investment by Alibaba does not come as a surprise as Snapchat has on its ranks respected banker, Imran Khan, as its chief strategy officer who helped the giant e-commerce to IPO last year.
Tags: group
values
holding
billion
VIDEO: Why does Alibaba want some Snapchat?
2015-03-12 20:59:06| BBC News | Business | UK Edition
BBC News looks at why Chinese internet giant Alibaba might be interested in Snapchat - even though the messaging app is blocked in China.
Alibaba invests $200m in Snapchat
2015-03-12 12:18:11| BBC News | Business | UK Edition
Chinese internet giant Alibaba invests $200m (133m) in messaging application Snapchat, valuing the four-year old firm at nearly $15bn.
Tags: alibaba
200m
invests
snapchat
Alibaba invests USD 200 mln in Snapchat - report
2015-03-12 08:44:00| Telecompaper Headlines
(Telecompaper) Alibaba group is investing in Snapchat in a deal that values the messaging company at USD 15 billion, the Wall Street Journal reported. The Chinese e-commerce giant has invested USD 200 million in Snapchat, according to two people familiar with the transaction. The valuation of USD 15 billion marks a significant increase from previous investments. Snapchat raised funds from at least two investors, Yahoo and venture-capital firm Kleiner Perkins Caufield & Byers, in a round of funding that valued the messaging start-up at USD 10 billion last year. Other investors include Benchmark, General Catalyst Partners, Institutional Venture Partners, Lightspeed Venture Partners, Coatue Management and DST Global.
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