Snapchat acquires social map app Zenly for $250M to $350M


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& Snapchat’s latest function, Snap Map, is predicated on its newest acquisition, social mapping startup Zenly. TechCrunch has discovered that Snapchat has purchased Zenly for between $250 million and $350 million in principally money and a few inventory in a deal that closed in late Might. Snapchat will hold Zenly operating independently, just like how Fb lets Instagram run independently. Read More