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Category: SocialMedia

Facebook reportedly offered to buy Snapchat for $1 Billion

Written on October 28, 2013 by Chris

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Snapchat claims that their users send over 350 million photo messages daily

reportedly offered $1 billion to purchase the photo messaging app, . According to some industry sources, the bid was declined by CEO Evan Spiegel.

Facebook has also acquired for the same amount last year and has introduced a similar mobile messaging service named . Snapchat was said to have over 350 million photo messages sent daily by its users.

Both Facebook and Snapchat has not comfirmed this rumor.

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