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November 8, 2017 06:41 pm GMT

Chinas Tencent Acquires 12% Of Snapchat Maker Snap

China’s investment giant Tencent acquired approximately 12 percent of Snapchat maker Snap, the latter revealed as part of its latest filing with the United States Securities and Exchange Commission. The stake in the social media company was acquired by Tencent with the purchase of145,778,246 of Snap’s non-voting Class A shares, with this specific stock category […]

The post China’s Tencent Acquires 12% Of Snapchat Maker Snap appeared first on AndroidHeadlines.com |.


Original Link: https://www.androidheadlines.com/2017/11/chinas-tencent-acquires-12-of-snapchat-maker-snap.html

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