Discord expands online marketplace as it tries to justify $15 billion valuation
Publishing timestamp: 2023-10-19 12:51:13
Summary
Discord, the communication platform, is experimenting with new revenue streams by introducing an in-app Shop where users can buy digital goods. The company's core business is selling Nitro memberships, but they are now expanding into digital commerce. They have launched an in-app store called Shop, which allows subscribers to decorate their accounts and avatars with virtual items. Discord is focusing on user safety and has introduced a warning system and safety tools to protect users, especially younger ones. They are also offering revenue-sharing opportunities for developers in the U.K. and Europe.
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Keywords: technology, roblox corp, breaking news: technology, snap inc, meta platforms inc, social media, pinterest inc, mobile, business news, internet,