Why Alibaba May Be Eyeing Snapchat Stake

Why Alibaba May Be Eyeing Snapchat Stake Play

July 31 (Bloomberg) -- Snapchat, the company that makes a mobile application for disappearing photo messages, is in talks with investors including Alibaba Group Holding for a round of financing that may value the company at $10 billion, people with knowledge of the situation said. Rosalind Chin has more on "On The Move Asia." (Source: Bloomberg)

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