The value of Snapchat salt to 15 billion dollars. The finish line was crossed thanks to a grant from Alibaba, the Chinese e-commerce giant, which has invested 200 million in the application for smartphones and tablets that allows you to send messages and photographs that disappear a few seconds after viewing.
According to the Wall Street Journal, Alibaba had been thinking about the investment since last July, when it started negotiations with the US company, but then seemed to have abandoned the idea. Snapchat thus enters the club of the most valuable tech startups in the world along with Uber and Chinese Xiaomi.
Last year, the Los Angeles-based company raked in funds that had boosted the valuation to 10 billion. Among the investors were Yahoo, the venture capital Kleiner Perkins, the Chinese internet giant Tencent and the funds Lightspeed Venture Partners and General Catalyst.
