It also has stakes in Reddit, Discord, and Snapchat maker Snap Inc. Where is it stated that discord is owned by Tencent? I can't say for sure whether or not they're collecting data on you, but I doubt they're using it in ways that Facebook, Instagram, google, or even your cell phone does. September 21, 2020. While we don't know precisely how much of Spotify these . Sven owns 62% of the company. To check the %AppData%\Discord\. RIOT Games now fully owned by Tencent. Whether you're part of a club, gaming group, worldwide art community, or just a handful of friends that want to spend time together, Discord makes it easy to talk every day and hang out more often. Discord: Discord has received $158 million in funding last year, including an undisclosed amount from Tencent (among many other investors). Our Story Discord is about giving people the power to create space to find belonging in their lives. He is now the co-founder and CEO of Discord, one of the largest chat platforms for gamers with over 150 million users. You can do this through the same brokers that provide access to IPOs or a trading app. In 2021, it was valued at $7 billion, doubling its value in under a . Discord, which is valued at around $7 billion as of last December, is a platform on which users coordinate group activities such as games, discussions and even virtual parties. Discord currently has 150M monthly users and 19M active servers per week. 3. Explore Companies Investors Top 50 . Final thoughts. There are not many Avenues to discuss things freely on the internet anymore, and potential censorship of Discord must be found out before it becomes imperative 10 comments 74% Upvoted This thread is archived Last Updated Oct 22, 2019. Discord is funded by 31 investors. . In 2019, Nintendo announced that they will distribute the Nintendo Switch in mainland China with iQue becoming just a localization company. Their latest funding was raised on Mar 12, 2022 from a Secondary Market round. Jason pivoted from game development in 2015 and launched Discord, intending to bring players together around the games they love. According to Crunchbase, Discord has raised a total of $479.3 million across 11 rounds of venture capital funding.Notable investors include the likes of Spark Capital, Tencent (creator of League of Legends and PUBG, amongst others), Index Ventures, Benchmark, Accel, General Catalyst, and many more. Coming in relatively late to the five-percent-plus Spotify stock ownership club in 2019 were Morgan Stanley and T. Rowe Price Associates. Discord is a voice, video, and text chat app that was originally designed for gamers but has since grown to have a wide variety of users. There's also the possibility that . the messages aren't encrypted and all informations go directly to the CCP just like tik tok. Naysaspace 8 months ago #1 Betcha didn't know that https://i.imgur.com/XQlpQEo.png Thorscape 8 months ago #2 I don't care. Discord. In 2013, Thyaeria was looking for a way to pass the time during his long morning commutes. Discord is not owned by any other company. 11. . "Battle royale has been a key driver for mobile . It owns US game studio Riot Games and has a substantial stake in Epic Games, the company behind "Fortnite." Run by billionaire Pony . It was acquired by major publisher Conde Nast in 2006 and is still owned by their parent company. Discord has been a major target for acquisition since its inception in 2017. Discord has over 140 million active monthly users and 300 million registered accounts. Between Tencent and a number of other investors, Discord secured $150 million in . Moreover, this decision comes at the right time when China is being cornered by the rest of the world in every aspect with Chinese apps and games being banned.Now what remains to be seen is what does the future of COD Mobile beholds without Tencent and TiMi Studios. Is discord owned by China? Discord, which allows public and private groups to gather and chat by text, audio and video via its social platform, is now valued at $15 billion — more than double the $7.3 billion the company . The Xbox maker has been seeking to strengthen its video game offerings with $7.5 billion acquisition of ZeniMax Media last year, its biggest gaming acquisition ever. Tencent vyvíjí aplikace a sociální média jako Tencent QQ, WeChat a microbloggingovou platformu Tencent Weibo. Discord, which allows public and private groups to gather and chat by text, audio and video via its social platform, is now valued at $15 billion — more than double the $7.3 billion the company . In fact, Discord is banned in China, so it is . Artwork of Spirit Blossom Yasuo from League of Legends, developed by Tencent-owned Riot Games Image: Riot Games. However, Tencent Games also owns Riot Games . The most recent raise was $100 million in December 2020. Discord has acquired 3 organizations. The fact that a different startup has stepped in to help with discovery illustrates the gap Discord has left. Orestes417 8 months ago #3 I did. And in doing so, the studio has now sold a minority share of itself to Chinese tech company Tencent. The advantage Discord could have over Skype and TeamSpeak was that by taking an innovative approach to communication online, Discord would be able to exceed those two platforms. Discord has never done anything to hide it's investors. Contact Information Website www.discord.com Formerly Known As Phoenix Guild, Hammer & Chisel Ownership Status Privately Held (backing) Financing Status Venture Capital-Backed Primary Industry Social/Platform Software Other Industries Social Content Primary Office 444 De Haro Street Suite 200 San Francisco, CA 94107 United States +1 (888) 000-0000 Education Initiative Fuels Next Generation of Chinese Creators. SAN MATEO, Calif. - May 28, 2019 - Roblox, a global online experience bringing more than 90 million people together through play, and Tencent Holdings Limited, one of the largest internet companies in the world, today announced a strategic partnership to help fuel the next generation of Chinese creators. Tencent Games is an Internet game developer and service provider based in Shenzhen City, one of the largest Internet companies inside China, Tencent Games runs the Chinese Servers of League of Legends and organizes several LoL tourments in mainland China. Most of them have a stock trading functionality. However, everything changed when Qidian—a Chinese webnovel site backed by Tencent, a Chinese conglomerate with a net worth of 583 billion dollars—came into the picture. If there's pressure on Citron to sell, it most likely comes from the early investors. Last month, Donald Trump issued executive orders that threatened to ban both apps from doing business in the US. Discord has raised more than $450 million since its founding. Discord is minority-owned by Tencent. . And in doing so, the studio has now sold a minority share of itself to Chinese tech company Tencent. Tencent will reportedly invest $150 million in Reddit, which would make it one of the social platform's top stakeholders. Tencent makes China's most dominant app plus one of the world's best venture portfolios (including Discord) . Artwork of Spirit Blossom Yasuo from League of Legends, developed by Tencent-owned Riot Games Image: Riot Games. Californian company Riot Games, best known for its billion-dollar franchise League of Legends, is now 100 percent owned by Chinese company Tencent. September 4, 2021. Share; . The funding round raised $100 million with a post-money valuation of $3.5 billion. Reporting by Katie Roof at Bloomberg in August 2021 suggests the next round could be as high as $500 million, valuing the company at $15 billion. I know people will post that 4 year old shitpost webm of the processes running without realizing this was a bug that was fixed years ago. Talks between Microsoft and Discord have broken down and the gaming focused voice chat software will remain an independent company, for now. Xbox chief Phil Spencer is said to be discussing about the potential deal with the company. That means that you can't buy or sell Discord stock on major financial markets. Also ironic that these same people probably use programs like Discord, which is owned by Tencent, by the way. Not a technically a games company, but games-adjacent: Tencent invested an undisclosed amount of money in the chat app Discord in 2018. Riot Games has already told fans that they'd be . It uses fewer resources than Google Chrome which is the #1 . Discord Inc. operates as a gaming company. IIRC, him and his wife used to own 100% and funded his company via loans, but after that almost bankrupted Larian during the making of DOS (since they require constant repayment) I think he probably thought Equity . In December, another. Over the past 10 years, Chinese tech giant Tencent has . Discord is used for activities including remote dance classes, book clubs, and study groups. Discord generated $130 million revenue in 2020, according to WSJ, an 188 percent increase year-on-year. Discord Besides the $158 million funding received, an undisclosed amount has also been given to it by Tencent to expand PC gaming. Answer (1 of 12): I always thought the backstory of discord was fascinating—in short, a failing game development studio pivoted into building a platform that would foster the social atmosphere of gamers. Tencent is a Chinese internet service portal offering value-added internet,mobile, telecom, and online advertising services. 9 mins ago. Meanwhile, Discord does not appear to be wildly profitable. Share. They're privately owned. They own several developers including a large stake in Epic Games. . $ trhu.. V roce 2012 odkoupil 40% podíl v Epic Games, studiu, které vyvíjí . Now that COD Mobile and Tencent part ways, the community sees this as a clever move from Activision. This interest in Tencent's gaming properties is coming in the midst of the Trump administration's trade war against China. Latest News. they have always been invested in by Tencent. As for Discord, the original devs behind it probably got more than they bargained for and just want to be set for life; managing it full time would be annoying after a while. Discord is now potentially looking to make the company public, but Microsoft's deal is rumoured to be still on the table to "rekindled" at a later date. Tencent has invested in a lot of the gaming community, but the only one they own 100% shares in is Riot games and a dev studio called sharkmob. . Though, you won't get in at the low price offered by pre-IPO. Most of them have a stock trading functionality. Tencent also owns a piece of the chat app Discord even though, you guessed it, Discord is blocked in China. Discord conducted a major funding round, according to company press releases, in June 2020. The prime founder of DIscord is Jason Citron. The move comes as little surprise, as it was previously revealed that the APAC Last Chance Qualifier would grant two slots for the China region. Discord is the easiest way to communicate over voice, video, and text. If Tencent does kick in $150 million on a nearly $3 billion valuation for Reddit, as . Publisher Condé Nast acquired a majority stake in 2006, and that stake now. We want to make it easier for you to talk regularly with the people you care about. Discord is also a very light platform. Discord has raised a total of $995.4M in funding over 16 rounds. Discord, its founders and its investors would presumably want significantly more for the company than this summer's $3.5 billion valuation. That covers most of the companies that PC gamers will. Chinese music streaming service NetEase Cloud Music and Chinese messaging app, owned by Tencent, WeChat team up to launch a new feature. Tencent Games. It is one of the highest grossing multimedia companies in the world based on revenue. Report Save Follow. Darth Guy, Mar 23, 2021 #8. . If Tencent does kick in $150 million on a nearly $3 billion valuation for Reddit, as . The Tencent Dontnod deal lets the team make more games We recently reported that the popular voice chat software Discord was potentially being acquired by Microsoft for a whopping $10 Billion. Tencent is the world's largest video game vendor, but its U.S. holdings are not limited to just that marketplace. Discord is a VoIP and instant messaging social platform. In addition to Discord, Jason Citron had just acquired his former social gaming technology, OpenFeint, for $100 million.