Wednesday, August 2, 2017

Report: Snap Looking To Buy Chinese Drone Maker Zero Zero

Venice, California-based Snap is reportedly looking to buy Chinese drone maker Zero Zero Robotics, the maker of the "Hover" selfie drone. According to The Information, Snap is looking to pay between $150M and $200M for Zero Zero Robotics. The deal apparently was denied by Zero Zero Robotics' CEO Meng Qui Wang.