Microsoft may acquire Discord’s software for over $10 billion

Microsoft is showing its interest in Discord’s gaming-focused chat software for more than $10 billion.

Microsoft is showing its interest in Discord’s gaming-focused chat software for more than $10 billion. The report shares that Xbox chief Phil Spencer is in talks with Discord about the potential deal.

Discord has been looking for a buyer for its software. The company is expecting a bid of over $10 billion. On the other side, it is also heard that the company might prefer an IPO over an acquisition.

According to Bloomberg, Epic Games and Amazon have been in talks with Discord.

According to the source information, Discord has around 140 million monthly users and made $130 million in revenue last year. However, the company isn’t yet profitable. According to The Verge, “its last valuation was $7 billion after a funding round in December generated $100 million.”

The company’s software is mostly free. The primary source of incomes the money through $9.99 monthly Nitro subscriptions that offer more advanced features like higher resolution screen sharing, extra sticker packs, and larger upload limits.

News Desk is the author at Research Snipers covering all Pakistan news including Business, Social, Entertainment, Economy, Pak News, World News, and More. News Desk is managed by a senior editor at Research Snipers.

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