Tencent, an investment holding company based out of Shenzhen, China, was founded in 1998. He eventually sold OpenFeint to GREE in 2011 for US$104 million, which he used to found Hammer & Chisel, a game development studio, in 2012. Well, I’m afraid I have some bad news. Discord: Discord has received $158 million in funding last year, including an undisclosed amount from Tencent (among many other investors). Beyond Tencent’s own portfolio of popular games like Fortnite and PUBG Mobile, Trovo also spotlights marquee titles like Grand Theft Auto and Destiny 2. Discord is a voice, video and text communication service used by over a hundred million people to hang out and talk with their friends and communities. Tencent is not the sole-shareholder of Discord Inc. (the company behind the Discord app) and the Chinese government is not the sole-shareholder of Tencent, if at all. Tencent Holdings Ltd, also known as Tencent, is a Chinese multinational technology conglomerate holding company.Founded in 1998, its subsidiaries globally market various Internet-related services and products, including in entertainment, artificial intelligence, and other technology. We want to make it easier for you to talk regularly with the people you care about. In their latest round of venture funding, Tencent Holdings was one of the investors. Why does Tencent care about Reddit? Discord is about giving people the power to create belonging in their lives. Reddit received $150 Million investment by Tencent earlier this year. Its twin-skyscraper headquarters, Tencent Seafront Towers (also known as Tencent … However, it is far to say that political imperatives can complicated. Possible: Facebook. The analysts’ report appears to confirm our own reporting ... IVP, Spark Capital, Tencent and Benchmark, among others. Our Story. Tencent also owns a piece of the chat app Discord even though, you guessed it, Discord is blocked in China. Tencent Investments. Users communicate with voice calls, video calls, text messaging, media and files in private chats or as part of communities called "servers. How about that thread you saw on Reddit, or the great Discord convo you had with your friends the other day? Facebook has a track-record of whip-smart acquisitions. Jason Citron Who is the founder of discord? The concept of Discord came from Jason Citron, who had founded OpenFeint, a social gaming platform for mobile games. $150 million is a drop in the pond for Tencent, which generated $11.8 billion in revenue and $3.4 billion in net income last quarter. Meanwhile, Discord received $158 million in funding last year by Tencent. Discord … Even if Discord gets purchased by someone else, Tencent wins because they already own a piece of Discord. 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