Discord valued at $10 billion plus, as it explores selling itself

According to a report from VentureBeat, Discord Inc is exploring a sale that could value it at more than $10 billion. San Francisco-based Discord is in final negotiations with one party, said the report. The company does not comment on rumors or speculation, said Discord. The coronavirus-induced pandemic has boosted prospects of gaming companies with…

ByteDance explores sale of TikTok’s Indian operations

In a report, Bloomberg News said, China’s ByteDance is exploring the sale of TikTok’s Indian operations to rival Glance, a unicorn. Negotiations, initiated by Japan’s SoftBank Group Corp, early, private, and complex, said the report citing sources people familiar with the matter at hand. InMobi’s short-video app Roposo has gained more market share in India after…

Mobile streaming service Quibi exploring strategic options to raise funds

According to a report from the Wall Street Journal, Quibi, the streaming service founded by former Disney executive Jeffrey Katzenberg, is exploring strategic options including a possible sale, a funding round or going public through a merger with a special purpose acquisition company. When asked to comment, Quibi said it does not comment on rumor…