Business

Discord reportedly mulling US$10 bil sale

Fast-growing chat platform subject to interest from suitors, sources tell US tech news site

Updated 5 years ago · Published on 23 Mar 2021 4:30PM

Discord reportedly mulling US$10 bil sale
Discord’s popularity has soared during the Covid-19 pandemic, but it has also been a meeting space for right-wing groups banned from other social media platforms. – Dreamstime pic, March 23, 2021

SAN FRANCISCO – The Discord chat platform popular with video game players is reported to be exploring selling itself for more than US$10 billion (RM41.2 billion).

Interest from potential buyers prompted Discord to consider its options, according to tech news website VentureBeat.

Discord told AFP that it does not comment on “rumors or speculation.”

VentureBeat cited unnamed sources familiar with the matter as saying Discord has gotten interest from potential suitors.

San Francisco-based Discord launched some six years ago as a platform for video game fans to communicate while playing, but has since become a venue where friends get together to chat, virtually watch films or even work.

Use of Discord has soared during the pandemic, as people turn to the internet to stay connected while keeping their distance to reduce chances of exposure to Covid-19.

It has also been used by US right-wing movements after some were banned from mainstream online social media platforms due to election violence. – AFP, March 23, 2021

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