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Snap confirms that it paid $213 million to buy Zenly and $135 million for Placed
Category: Acquisitions, Mobile Apps, SAB related, Tech News
Snap Inc. has confirmed the price tags for its acquisitions of Zenly and Placed. The Snapchat maker paid $213 million in cash for Zenly in May and $135 million for Placed in July, according to documents filed with the SEC on Friday. TechCrunch reported that Snap had bought France-based Zenly for at least $250 million shortly after the debut of Snap Maps, but Snap hadn’t officially confirmed the acquisition or price tag until now. Zenly
