August 15, 2016

Snapchat is acquiring mobile search app Vurb for $110M+

vurb-battlefield-winner Snapchat could help you organize a night out with friends or get a digest of the day's news thanks to its acquisition of mobile search startup Vurb. TechCrunch caught wind of the impending deal over the weekend and now The Information reports Snapchat will pay $110 million for Vurb plus $75 million in retention bonuses to keep founder and CEO Bobby Lo around. Unfortunately, rewiring… Read More

Source: TechCrunch