Snapchat invests in shopping app Spring

Would you buy clothes on Snapchat?

The social media startup seems to think so — or at least, it is investing an unspecified amount into a shopping app called Spring, according to a Re/code report which cites sources familiar with the matter

Spring, which launched last year for iOS and Android, recommends menswear and womenswear via a slick photo-friendly feed somewhat resembling Instagram. Spring's parent company Jello Labs already raised $25 million in April, but it has the option to raise another $5.7 million in this round — which is where Snapchat might come in Read more...