China's investment holding giant Tencent is reportedly taking a 10% stake in Snap

  • Tencent, a giant Chinese investment holding company, is reportedly taking a 10% investment in Snap, according to CNBC.
  • The news comes a day after Snap’s Q3 earnings, where the company reported disappointing numbers that missed Wall Street’s expectations.

More to follow…

Get the latest Snap stock price here.

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.