Discord reportedly dismisses Microsoft deal
Discord is ending talks to sell itself to Microsoft or other companies, The Wall Street Journal reports. The popular online chat app was reportedly in talks to sell to Microsoft in March for a price that valued Discord at over $10 billion.
Discord was reportedly in talks with at least three other companies besides Microsoft. Other past potential suitors included both Amazon and Epic Games, according to Bloomberg. But even with the big-name options, Discord has reportedly decided to stay independent and consider a potential public listing to build on its success. Discord has around 140 million monthly users and earned about $130 million in revenue in 2020 but still isn’t profitable, according to the WSJ.
Content courtesy of TheVerge.com published on , original article here.