Report: Snapchat Turns Down $3 Billion Offer From Facebook

See on Scoop.itDigital & Internet Strategy

War of internet users.

Daniel Sonesson‘s insight:

The war for the youths internet users continues. Facebook has been rejected in an offer for snapchat. Might be a clever move but not a surprising one by Facebook. The purchase of Instagram showed their strategy for winning the youth who lately had been illoyal to the large community. Snapchat must have an ambitious plan if they regret this move. At least, let’s hope they do or their rejection might be a Yahoo-move a few years later.

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