Twitter said to have held discussions for US$4 billion takeover of audio-based social network Clubhouse

Twitter said to have held discussions for US$4 billion takeover of audio-based social network Clubhouse

Twitter said to have held discussions for US$4 billion takeover of audio-based social network Clubhouse


Twitter held talks in recent months to acquire Clubhouse, the buzzy audio-based social network, according to people familiar with the matter.The companies discussed a potential valuation of roughly US$4 billion for Clubhouse, the people said, asking not to be identified because the matter is private. Discussions are no longer ongoing, and it is unclear why they stalled, the people added.A Twitter spokesman declined to comment. A Clubhouse representative did not immediately respond to a request…

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