Technology
Filing: Snap paid $124M for Fit Analytics as it gears up for a bigger e-commerce push – Yahoo News Australia
Earlier this year we reported on how Snap had acquired Berlin-based Fit Analytics, an AI-based fitting technology startup, as part of a wider push into e…
Earlier this year we reported on how Snap had acquired Berlin-based Fit Analytics, an AI-based fitting technology startup, as part of a wider push into e-commerce services, specifically to gain technology that can help prospective online shoppers get a better sense of how a particular item or size would fit them. A 10-Q filing from Snap today has now put a price tag on that deal.
Snap paid a total of $124.4 million, covering technology, IP, customer relationships and payouts to the team. The filing…
-
General20 hours agoStupid Cupid and Pretty Little Baby singer Connie Francis, dies at age 87
-
General19 hours agoCitizen Kane’s iconic Rosebud sled sells at auction for more than $22 million
-
General17 hours agoAlbanese’s anaemic neutrality risks Aukus
-
General17 hours agoFormer Russian President Dmitry Medvedev issues warning over Ukraine escalation