[Asia Economy New York=Correspondent Baek Jong-min] The voice-based social networking service 'Clubhouse,' used by celebrities such as Elon Musk, chairman of Tesla, and Chung Yong-jin, vice chairman of Shinsegae Group, has soared to a corporate valuation of $4 billion (approximately 4.5 trillion KRW).
Bloomberg News reported on the 6th (local time) that Clubhouse is seeking investment based on a corporate valuation of $4 billion. The news agency stated that the investors interested in Clubhouse and the amount of investment sought have not been disclosed.
The report noted that Clubhouse's value has surged fourfold in just over three months, from $1 billion in January.
The famous venture capital firm Andreessen Horowitz invested $12 million shortly after Clubhouse was founded and made an additional investment in January, when Clubhouse was valued at around $100 million, raising its valuation to $1 billion.
Clubhouse, which is only available on Apple iPhones and accessible by invitation from existing users, has seen its user base grow through word of mouth amid the COVID-19 pandemic, causing its corporate valuation to skyrocket within just one year of its establishment.
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