Facebook Acquires Israel’s Snaptu For an Estimated $60-70 Million
VC Cafe
MARCH 20, 2011
Snaptu is a fast-growing application for feature-phones (or not-so-smart phones) which serves as a mini-app store for WAP-Internet phones. with less competition and a large market, Snaptu has been able to generate revenues through mobile ads and operated a revenue share with its partners. source: [link].
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