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Deals Rumor Mill: Alibaba, Hunan TV, Orange SA

By Benjamin Horney ( March 13, 2015, 7:37 PM EDT) -- Chinese e-commerce giant Alibaba Group Holding Ltd. will plug a $200 million investment into vanishing photo messaging app Snapchat, Reuters reported Friday. According to the report, the investment values Snapchat at about $15 billion, but because it's blocked in China, "it is unclear what immediate value the startup would bring to Alibaba," the report said....

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