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

 Snapchat’s newest feature, Snap Map, is based on its latest acquisition, social mapping startup Zenly. TechCrunch has learned that Snapchat has bought Zenly for between $250 million and $350 million in mostly cash and some stock in a deal that closed in late May. Snapchat will keep Zenly running independently, similar to how Facebook lets Instagram run independently. Read More

from Social – TechCrunch http://ift.tt/2tuxIBz Snapchat acquires social map app Zenly for $250M to $350M Josh Constine http://ift.tt/2sVjugc
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