Yahoo looking into Snapchat investment, report says
As the Internet giant decides what to do with its Alibaba windfall, an investment into the disappearing-message app may be on the horizon.
Source: Yahoo Is Investing $20 Million In Snapchat
Earlier today, the Wall Street Journal broke the news that Yahoo, the corporate equivalent of Remember the 90's is "close" to investing in Snapchat, the fratty harbinger of our ephemeral future, at a $10 billion valuation. A source told Valleywag the amount Yahoo is investing is only…
Yahoo reportedly looking to invest in Snapchat at a $10 billion valuation
Yahoo made bank from its investment in Chinese commerce giant Alibaba, and now may spend some of its winnings to take a large stake in the ephemeral-message app, Snapchat. The Wall Street Journal is reporting that Yahoo and Snapchat have held talks that will lead to Yahoo's major role in a new…
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