Snap, the parent company of Snapchat, is selling Placed — a provider of user-location data it bought two years ago — to Foursquare, which was a competitor to Placed. Terms of the deal weren’t disclosed. Snap bought Placed two years ago for $132.5 million in cash, per a company regulatory filing.

Topics:  snapchat   foursquare   years   company   bought   

 

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