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NBCUniversal invested $500 mln in Snap Inc during IPO - CNBC
March 3, 2017 / 1:42 PM / 7 months ago

NBCUniversal invested $500 mln in Snap Inc during IPO - CNBC

March 3 (Reuters) - NBCUniversal, a unit of Comcast Corp , invested $500 million in Snap Inc during its IPO as part of a strategic investment and partnership, CNBC reported on Friday, citing sources familiar with the matter. cnb.cx/2mlOnXB

Snap and NBCUniversal did not immediately respond to requests for comment. (Reporting by Narottam Medhora in Bengaluru; Editing by Maju Samuel)

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