Asked By
ave broers
70 points
N/A
Posted on - 11/27/2014
It is informed by few sources that Twitter is interest in the selfie app which is backed by the singer Justin Bieber. Some even state that the CFO of Twitter has tweeted about this deal. The Shots user base is more than 3 million users out of which two-thirds of them are women under 24. Is Twitter acquiring the Justin Bieber’s selfie app, Shots?
Is Twitter acquiring the Justin Bieber’s selfie app, Shots?
I guess you are referring to the selfie app called Shots which has been partly backed by the pop star Justin Bieber. According to CNBC, Shots is currently in talks with Twitter for possible acquisition. I guess when Twitter Chief Financial Officer Anthony Noto accidentally made a public tweet about acquiring a certain unnamed company, he is actually referring to Shots.
Shots Chief Executive Officer John Shahidi started the company with a little promotional help from the pop star Justin Bieber, which, on the other hand, also invested on the app some $1.1 million. According to Fox Business, CEO John Shahidi said that the company is centered on creating the app and is not for sale. But he did not deny the reports about the possible acquisition.