Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Fidelity wrote down the value of its Snapchat stake by 25%

JILLIAN D'ONFRONov 10, 2015, 22:31 IST

Fidelity has written down the value of its stake in Snapchat, the popular mobile app that lets users exchange disappearing photos, by 25% according to a report in the Financial Times.

Developing...

NOW WATCH: This handy tool solves one of the most annoying problems in Excel

Please enable Javascript to watch this video