SoundCloud reportedly going on sale for over $1 billion

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SoundCloud is reportedly going on sale for $1 billion, according to Sky News.

Sky News’ Mark Kleinman has learnt that the streaming service has begun interviewing the investment banks on the subject of auctioning the platform with the sale said to be over $1 billion.

The streaming platform is reportedly in talks with US merchant bank Raine Group and Singaporean state investment fund Temasek Holdings as prospective bidders.

SoundCloud has bought AI tech startup…