Amazon Buys Twitch for $1 Billion News

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Amazon Buys Twitch for $1 Billion Latest News

Amazon which has been doing very well with its online brand and much other company is now set to buy Twitch for nearly $1 billion as per reports. Howe ever this report might not be a perfect one as it is said to be rumor or fake news created to halt the Google deal to buy twitch. Yes, Google was also taking to make the deal and buy Twitch very soon but the deal was somehow halted because of some of the problems raised over it.

So, you might be wondering what is Twitch and does it add any value to Amazon for a cost of $997 millions. So, twitch is fairly branded website where users can broadcast and updated video of them playing video games. Isn’t something cool now, yes it’s very cool and almost very successful in this era of gaming. While the gaming devils are really going good at this website and making it highly popular due to such great response from viewers and gamers from all over the world. So, buying this website might be very helpful for Amazon as it is looking to expand its business to a great extent.
Even advertisers are very interested over advertising  to the area where gamers are highly active and will pay them well for their fees .Yes, Gaming has developed a lot and now this kind of website are turning the extent of gaming to such high levels  where companies like Amazon and Google  are likely to pay billions of dollars over them.

So, let’s head towards the founding and funding areas of Twitch .It was founded in the year 2011, alive game streaming video website where tens of millions of users get connected and watch videos or broadcast of game plays over the website. You might not have known about it if you’re not a gamer. It has more than 55 millions views every month and hence calls itself the world’s leading video streaming website for gamers.

Google better stick with its Android and other buzzes.

I would like to make clear that Amazon is most likely to make the biog deal where as the Google deal was kept in rest due to some private reason I would say and they are not willing to buy such great community for gamers. It was very backend from the side of Google as they lacked the confidence to make their leap in gaming community which would have helped them reach variety of customers, reader from Twitch.

 Amazon Will Buy Twitch For Over $1 Billion