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Snapchat just invested R2 million in a South African social media startup

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Snapchat has selected South African social media startup Hashtag Our Stories to be part of its inaugural startup accelerator, giving the 11-month old company $150,000 (or roughly R2.2 million) in funding, Techcrunch reported.

Hashtag Our Stories, founded by former journalist Yusuf Omar and his wife Sumaiya, is a network of mobile journalists reporting from over seven countries, creating video content optimised for Facebook...Read More