Snap’s Partnership With Zynga Could Power Up Its Gaming Business

Snap (NYSE: SNAP) recently announced a new partnership with Zynga (NASDAQ: ZNGA) to develop more in-app games for Snapchat. The first new game from the collaboration, a multiplayer bumper car game called Bumped Out, was revealed at the Snap Partner Summit on June 11.

The deeper partnership isn't surprising, since Zynga signed on as one of Snap's first partners for its Snap Games platform last year. It launched Tiny Royale, a top-down battle royale game for Snapchat users, last June. Let's see how this new deal could expand Snap and Zynga's gaming businesses.

Image source: Zynga.

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Source Fool.com