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Twitter had talks with Clubhouse for $4 billion takeover: Reports

Apr 08, 2021 07:58 IST | By Editorji News Desk

Bloomberg reports that social media giant Twitter had held talks with Clubhouse which would have valued the drop-in audio networking platform at $4 billion. 

Though the talks seemed to have stalled reports also indicate that Clubhouse is looking to raise funds which would give it similar valuation. 

Clubhouse launched last year and popularized the idea of hosting live audio conversations. More than 10 million people have reportedly downloaded the app, which is currently invite-only and iOS-only.

International