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Alibaba Group Holding Ltd (BABA) Values Snapchat At $15 Billion

2015-03-13 13:54:02| Apparel - Topix.net

Alibaba Group Holding Ltd values photo sharing platform Snapchat at $15 billion, if reports of a $200 million investment on Fox Business are anything to go by. The investment by Alibaba does not come as a surprise as Snapchat has on its ranks respected banker, Imran Khan, as its chief strategy officer who helped the giant e-commerce to IPO last year.

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