Snapchat acquires social map app Zenly for $250M to $350M

 Zenly’s app lets users see where their friends currently are on a map using constant GPS in the background. People can then message these friends in the app to make plans to hang out. The Paris-based startup hit 2 million downloads last year, mostly from teens trying to keep up with their friends around town, at school, or at concerts and other events. Zenly had raised $35.1 million… Read More

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