$4 billion offer from Twitter to Clubhouse


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4 billion offer from Twitter to Clubhouse

Twitter, which is already developing a rival app for Clubhouse, is also allegedly making attempts to buy the company. Twitter has offered $4 billion in acquisition talks with Clubhouse, Bloomberg reported.

The Clubhouse, which launched last year and offers live voice conversations, has become popular with celebrities, and tech CEOs. The app, which is currently only available on the iOS platform and is possible to join through guests, has been downloaded by more than 10 million people.

4 billion offer from Twitter to Clubhouse 1

According to Bloomberg, acquisition talks are taking place between social media giant Twitter and Clubhouse. It was not known whether Twitter or Clubbhouse had made an offer, but the figure was said to be as much as $4 billion. Given that these two platforms are competing in the field of voice chat, there is talk that Twitter is making a move to disable its rival.

Clubhouse, however, faces not only Twitter, but many competitors, including Discord, LinkedIn and Slack. These other platforms already work with the built-in user bases of millions of people, as well as fully created web, iOS and Android apps. Clubhouse, which has been working to access these companies, has also signed a deal with engineers to create the Android app. The firm also said this week that it makes it possible to make money within the app as a way for creators to make money and will not receive a share of the revenue.

Twitter Spaces is available on both Android and iOS. The company also plans to release a web version and open the app’s capabilities to all its users. Twitter’s desire to buy Clubhouse doesn’t make complete sense unless it wants to eliminate competition and take over the app’s user base. In both cases, however, Twitter and Clubhouse will continue to struggle with each other.

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