Tags: Snapchat
Snapchat rejects USD3 billion bid from Facebook
Popular photo sharing service Snapchat turned down a USD3 billion acquisition bid from social media giant Facebook, saying the company will not start considering offers until next year.
Top deals of the day - Mergers & Acquisitions
The following bids, mergers, acquisitions and disposals were reported on Wednesday including BNP Paribas, Facebook, Crocs, VTB Capital and Flybe Group.
IVP invests on profitless Snapchat
Despite not gaining any revenue, Snapchat raised $60 million in Series B funding. Snapchat, a photo messaging application, announced that International Venture Partners was its biggest investor in the company's latest round of Series B financing.
