Twitter Vine can sell for $10 million

In late October, Twitter announced about the next downsizing, which have lost their seats 300 people, and also about refusal from using the service Vine.

However, as it became known, Twitter has received several attractive offers from companies who want to buy Vine, and all intend to close the deal in the near future. According to rumors, one of the potential buyers is a Japanese company Line.

The sum of transaction, according to one source, will not exceed $ 10 million. So Twitter will not be able to derive greater benefit from the transaction directly. However, if Vine will continue to operate and will be supported by another company, continuing to attract Twitter users video content, the benefits of the transaction will be obvious.



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