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Wireless

Snap in talks to buy selfie-drone maker Zero Zero - report

Wednesday 2 August 2017 | 14:38 CET | News
Snap is looking for new ways for people to share pictures and videos, the Information reported, saying the company is in talks to buy Zero Zero Robotics, a Beijing-based maker of selfie drones. A source told TechCrunch, the buying price under discussion ranges from USD 150 to USD 200 million. Zero Zero apparently contacted Snap, looking to raise funds, though CEO Meng Qui Wang denied reports about any potential deal. Snap declined to comment.

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Categories: Mobile & Wireless
Countries: World
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