Facebook To Acquire Snaptu
@abrakadabra
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Oct 14, 2024
Oct 14, 2024
1.0K
With this acquisition, it is very clear that Facebook has plans to expand it's mobile user reach.
Snaptu, a London-based company did not disclose the value of the acquisition,
but reports have place the amount at between $60 and 70m (£36m and £43m).
Earlier this year Snaptu launched a Facebook mobile application. This application is said to work on 2,500 devices.