Snap, the developer of social media app Snapchat, said in a filing Wednesday that Tencent Holdings has bought non-voting shares in the company on the open market. Photo: Reuters

China’s Tencent buys minority stake in developer of Snapchat

Topic |   Mergers & Acquisitions

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Snap, the developer of social media app Snapchat, said in a filing Wednesday that Tencent Holdings has bought non-voting shares in the company on the open market. Photo: Reuters
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