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Los Angeles

World news about “Los Angeles” published by euronews.

12/03 13:45 CET

Alibaba invests in Snapchat to increase mobile service

Alibaba invests in Snapchat to increase mobile service

Chinese internet trader Alibaba is reportedly preparing to expand its mobile services by investing nearly 200-million euros into photo-messaging app, Snapchat. The move values the company at around 15 billion euros according to sources close to the deal. That places the…