Facebook Tried To Buy Snapchat For $3B In Cash. Here's Why.

How seriously is Facebook taking the issue of declining engagement among its teenage users? So seriously, it was willing to drop $3 billion in cash to stop the bleeding. That's how much Mark Zuckerberg recently offered the founders of Snapchat to purchase their photo-sharing app, according to The Wall Street Journal. They said no.

13 Nov 2013 ... How seriously is Facebook taking the issue of declining engagement among its teenage users? So seriously, it was willing to drop $3 billion in ...

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