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    Home»Breaking News»Discord explores sale at over $10 billion valuation after multiple approaches, says media report
    Breaking News

    Discord explores sale at over $10 billion valuation after multiple approaches, says media report

    Mike HarrisonBy Mike HarrisonMarch 23, 2021No Comments1 Min Read
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    The COVID-19 pandemic boosted prospects of gaming companies as people stayed at home and turned to video games for entertainment during lockdowns.

    (Subscribe to our Today’s Cache newsletter for a quick snapshot of top 5 tech stories. Click here to subscribe for free.)

    Discord Inc is exploring a sale that could value the messaging platform for online gamers at more than $10 billion, tech news site VentureBeat reported on Monday, citing sources.

    The San Francisco-based company, which has received interest from multiple buyers, is in final talks with one party, the report said.

    Discord said the company does not comment on rumors or speculation.

    The COVID-19 pandemic boosted prospects of gaming companies as people stayed at home and turned to video games for entertainment during lockdowns.

    U.S. gaming company Roblox made a strong market debut earlier this month after going public through a direct listingrather than a traditional initial public offering.

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