Tencent continues to try and hoover up game companies left and right and it makes me wonder if eventually they'll aim larger and try to buy Discord or something.
Tencent continues to try and hoover up game companies left and right and it makes me wonder if eventually they'll aim larger and try to buy Discord or something.
They do already own some of Discord, though I don't think the exact amount has ever been stated publicly. Tencent was one of the investors in the $150 million funding round in December 2018. This...
They do already own some of Discord, though I don't think the exact amount has ever been stated publicly. Tencent was one of the investors in the $150 million funding round in December 2018.
This purchase offer for Funcom values the company at about $150 million, so that's a pretty big purchase but still only a small fraction of the valuations for some of the larger ones like Discord ($2.05 billion as of that last round).
I imagine the Discord investment must be some kind of minority stake, it'd make a lot of sense for them to try and absorb Discord down the line since IM is one of Tencent's bigger domestic...
I imagine the Discord investment must be some kind of minority stake, it'd make a lot of sense for them to try and absorb Discord down the line since IM is one of Tencent's bigger domestic products as well with WeChat and QQ.
Tencent continues to try and hoover up game companies left and right and it makes me wonder if eventually they'll aim larger and try to buy Discord or something.
They do already own some of Discord, though I don't think the exact amount has ever been stated publicly. Tencent was one of the investors in the $150 million funding round in December 2018.
This purchase offer for Funcom values the company at about $150 million, so that's a pretty big purchase but still only a small fraction of the valuations for some of the larger ones like Discord ($2.05 billion as of that last round).
I imagine the Discord investment must be some kind of minority stake, it'd make a lot of sense for them to try and absorb Discord down the line since IM is one of Tencent's bigger domestic products as well with WeChat and QQ.