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Snapchat's parent company Snap has acquired POI-centered geospatial startup StreetCred to improve Snap Map | By Ishveena Singh

Snap Stock Rises 3% as Firm Acquires Location Data Startup StreetCred Jan 12 2021 · 13:29 UTC by Steve Muchoki · 3 min read Photo: Unsplash You have successfully joined our subscriber list. Although Snap did not disclose the financial side, it is expected that StreetCred will shut down its platform as part of the acquisition deal. Snap Inc (NYSE: SNAP) stock jumped 3.13% on Monday to close the day trading at $54.38. Meanwhile, SNAP shares were up approximately 1.25% during Tuesday’s premarket. The spike is attributed to news that Snapchat’s parent company Snap has inked a deal to acq...

Snap Purchases Digital Mapping Company StreetCred Snap will take on four of the company's team members, including co-founder Randy Meech and Diana Shkolnikov. Author: Snapchat parent company Snap Inc  ( SNAP) - Get Report confirmed Monday afternoon it had purchased StreetCred, a New York City-based location data startup.  The acquisition, terms of which were not disclosed, will result in four StreetCred team members, including co-founders Randy Meech and Diana Shkolnikov, joining Snap, where they will work on map and location-related products, Snap confirmed to TechCrunch.  The biggest pr...

Snapchat’s parent company Snap has acquired StreetCred, a New York City startup building a platform for location data. Snap confirmed the news to TechCrunch and said the acquisition will result in four StreetCred team members — including co-founders Randy Meech and Diana Shkolnikov — joining the company, where they’ll be working on map and location-related […]