Alibaba Group is in talks with investors to contribute funding to Snapchat, a US-based loss-making disappearing photo messaging service, The Guardian reported, citing Bloomberg. The deal is an interesting sign of Alibaba’s US ambitions, said Matt Turlip, senior analyst at PrivCo. The Chinese firm has made some smaller investments in the US already but Snapchat would be by far its most high profile investment to date. Alibaba is expected to go public in September and raise US$20 billion, eclipsing the record US$16 billion Facebook (FB.NASDAQ) raised for its IPO.