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[unable to retrieve full-text content]If you think obtaining funding is you’re biggest priority, think again
(Reuters) – China’s Tencent Holdings Ltd has bought a 12 percent stake in Snapchat parent Snap Inc, a regulatory filing showed on Wednesday.
Snap said Tencent acquired 145.8 million shares of its non-voting Class A common stock through open market purchases this month. bit.ly/2zqvybE
Snap had about 1.2 billion shares outstanding.
Reporting by Arjun Panchadar in Bengaluru; Editing by Sai Sachin Ravikumar
Cheryl Gnad selected for her outstanding leadership and commitment within her profession
(PRWeb March 27, 2016)
Read the full story at http://www.prweb.com/releases/2016/03/prweb13284668.htm