Hypebeast -
28 Jul 2016 22:00

The owners of SoundCloud are reportedly weighing their options as far as growth and profits are concerned. According to Bloomberg, the German-based streaming service and home to all of your rapper friends' mixtapes may be sold off for $1 billion USD. An anonymous source is quoted as saying that the ownership has been considering a sale for "quite some time," but that they had run into trouble finding bidders willing to value the site at the $1 billion USD price tag. SoundCloud raised $70 million...
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