Alibaba has invested $200m in Snapchat, valuing the fast-growing social app at $15bn, according to two people familiar with the deal.
The deal was struck recently and has already closed, these people said.
Investment talks between Alibaba and the Los Angeles-based company had faltered last summer as the Chinese ecommerce giant prepared for its initial public offering in September.
您已閱讀18%（381字），剩餘82%（1710字）包含更多重要資訊，訂閱以繼續探索完整內容，並享受更多專屬服務。