FT Thursday 31st July 2014
July 31, 2014
Alibaba talks set to value Snapchat at $10bn Chinese giant Alibaba has reportedly been in talks with Snapchat about a possible share purchase that could see the valuation of the California based company shoot to $10bn. Industry insiders doubt whether with Alibaba about to go through its own IPO the deal will take place. … More FT Thursday 31st July 2014