Snap financial documents confirm its acquisition of social maps app Zenly for $213M

https://techcrunch.com/2017/06/21/snapchat-buys-zenly/ Snap took a beating yesterday in its Q2 earnings, but in the midst of the disappointing financials and user growth numbers, the company’s 10-Q SEC document filed today also confirms that it purchased social maps app Zenly for $213 million, as TechCrunch first reported.
After Snapchat rolled out its location-sharing Snap Map feature in June, many were quick to point out the interface… Read More

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