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Is Snapchat Worth $10 Billion?

According to reports, that's what a group of investors, including Chinese e-commerce giant Alibaba, are valuing the disappearing photo app company in funding talks. Snapchat, which has already raised $100 million in venture capital, turned down a $3 billion buyout offer from Facebook last year, a decision many observers mocked at the time.

Posted on July 30, 2014, at 2:08 p.m. ET

Genaro Molina/Los Angeles Times / MCT