Economy

Business news live: Perplexity launches shock £25bn bid for Google’s Chrome browser

Perplexity’s bid is $34.5bn. Perplexity is worth $18bn. How does that work?

As noted earlier, the bid is $34.5bn – there are two sides to the question of this figure.

One is what Chrome is worth, which some experts believe is far, far higher than that.

The CEO of DuckDuckGo (another browser) recently testified in court that Chrome was worth $50bn in their view.

The other is what the buying company is worth – Perplexity is a private firm but it was valued at around $18bn, according to the Wall Street Journal.

They are seeking external partners to provide money to back the bid including big venture capital firms, reports the Times.

Karl Matchett13 August 2025 08:45

Google facing forced Chrome sale over antitrust probe

One key matter which has arisen within Perplexity’s bid is the fact that Google are currently facing the prospect of a forced sale of Chrome anyway.

They have not signalled intent to do so but a US federal judge will pass a ruling soon on whether they need to do so, from a long-running antitrust case.

Perplexity said in a latter to Alphabet CEO, Sundar Pichai, that the bid could offer a way around the issue, with it “designed to satisfy an antitrust remedy in highest public interest by placing Chrome with a capable, independent operator”.

Responding to BBC News, Perplexity also said the bid would be an “important commitment to the open web, user choice, and continuity for everyone who has chosen Chrome.”

Karl Matchett13 August 2025 08:24

Perplexity make $34.5bn bid for Chrome browser

Out of the blue, Google saw an offer made to it overnight for its Chrome browser.

The offer comes from AI firm Perplexity, which has its own browser if you don’t already know of the firm.

Their bid is for $34.5bn (about £25.5bn) and was reportedly an unsolicited offer, and there are several key factors at play here.

Chrome is estimated to be the world’s most popular browser, having an estimated three billion-plus users.

Karl Matchett13 August 2025 08:10

Business news live – 13 August

Good morning all and welcome to The Independent’s live business and money coverage.

Coming up, more companies news, UK domestic economic updates, everything regarding personal finance and stock markets movements.

Karl Matchett13 August 2025 07:54

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