TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Roblox raises USD$520m (£382m) ahead of direct listing; SuperData forecasts 2% growth for 2021; and Trump administration mulling Tencent investment ban. Roblox raises USD$520m (£382m) ahead of direct listing Online gaming platform developer Roblox Corporation has announced that it has raised USD$520m (£382m) in a Series H funding round led by US investment firms Altimeter Capital and Dragonner Investment Group, with additional support from the Investment Group of [...]

TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Discord raises USD$100m (£74.7m); Unity partners with Snap; and Rec Room secures USD$20m (£15m). Discord raises USD$100m (£74.7m) Gaming-centric voice chat app Discord has announced that it has raised USD$100m (£74.7m) in Series H funding at a valuation of USD$7bn (£5.2bn). The tranche was led by Greenoaks Capital and supported by Index Ventures, and there is potential for the round to be extended by a further USD$40m (£29m) [...]