South Korea-based selfie camera app developer Snow has received $50m in funding from telecoms and internet conglomerate SoftBank and VC firm Sequoia China, TechCrunch reported today.
SoftBank and Sequoia China now own a 20% stake in Snow’s China business unit between them.
Japan-based internet company Naver originally launched Snow as an ephemeral messaging service similar to the offering of US competitor Snap, but Snow pivoted last week to focusing on a selfie camera app and removed the ability to send…
