Can the idea of having photos disappear by itself, be worth tens of billions of dollars? Yahoo boss Marissa Mayer apparently believes and wants according to media reports buy a stake in the app Snapchat.
The Internet company Yahoo wants according to media reports at the Camera enter service Snapchat, which attracts mainly young users with its self-definition photos. Snapchat will it rated a total of ten billion dollars, reported the “Wall Street Journal” and the financial agency Bloomberg in the night to Saturday.
Yahoo would invest around 20 million, was one of the sources of the “Wall Street Journal”. That would at the stated rating equivalent to a share of about 0.2 percent.
Snapchat founder refused offer from Facebook from
Snapchat you can send images deleted watching after a few seconds by itself. The app is said to have around 100 million users. Facebook tried already nearly a year ago to buy Snapchat, according to media reports for three billion dollars. But the founders refused.
Yahoo has hundreds of millions of customers, among other things for its e-mail service, but the Internet veteran still has trouble with it, turn the huge user base coins in advertising revenue. Yahoo boss went on a big shopping spree to attract more younger users. So they bought, among other things, the blogging platform Tumblr. Another focus is on smartphone services. The purchase of the chat platform MessageMe was announced on Friday. The price was less than twelve million, Bloomberg reported.
Yahoo is involved in Alibaba
Yahoo had recently made a lot of profit on the IPO of Chinese online trading platform Alibaba and can now spend even more money for acquisitions. The Internet company was favorable entered in Alibaba in 2005.
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