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Microsoft is eyeing the social media market
March 23, 2021
In a bid to enter the serious online media market, Microsoft may procure mainstream visit and communication platform Discord for more than $10 billion, the media revealed.
As per a GamesBeat report referring to sources, Discord is “going through a sales process now that could bring about an acquisition of the communication and chat platform for more than $10 billion”.
“One source said the organization has marked a selective obtaining conversation with one party, which means it is in definite arrangements about a deal”, the report said late on Monday.
The news came as Discord brought $100 million up in December a year ago at a $7 billion market valuation.
Well known among the teens around the world remembering for India, the visit and communication platform right now has 140 million monthly dynamic clients (MAUs) twofold the number it had a year prior.
Dissension associates game organizations with their fans in audio and text chat networks.
A representative for Discord “declined to comment on rumours”. Microsoft also did not comment on the report.
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