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

{rss:content:encoded} Snapchat acquires social map app Zenly for $250M to $350M http://ift.tt/2sVjugc http://ift.tt/2tuxIBz June 22, 2017 at 12:18AM  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