philip lelyveld The world of entertainment technology

6Jul/20Off

Discord is rebranding to shift away from gaming

"Games are what brought many of you on the platform, and we’ll always be grateful for that," the company said. "Today, many of you use Discord for day-to-day communication. You’re sharing thoughts about books, music and art, creating servers to just be yourself and share moments with friends."

Toward the end of the blog post, Discord offhandedly mentions "$100 million in additional funding." Before today, Discord's most recent funding round saw the company raise $150 million at a $2 billion valuation. ... A lot has changed since then, especially in recent months due to the coronavirus pandemic. Since the start of the year, the number of people using the app daily has increased by 50 percent in the US, doubled in Spain and France and tripled in Italy.

That also means that its investors, one of which is Riot Games owner Tencent, now expect more of Discord.

See the full story here: https://www.engadget.com/discord-rebranding-151953314.html

 

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