Chat app Discord's new online PC gaming store has a secret weapon to beat giant rival Steam [CNBC]
Meta Platforms, Inc. - Class A (FB)
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Source: CNBC
A new player in the video game sales business is betting that a smaller marketplace of curated titles will win, helping customers cut through the clutter of an overcrowded ecosystem. Getty Images Gamers play a game on the Xbox One console in the Microsoft Xbox booth during the Electronics Expo at the Los Angeles Convention Center. Discord, a popular software service that lets 150 million gamers communicate through chat, text, audio and video, announced in August that its new online store will feature games picked by staff and eventually community input. The goal is to create almost a local boutique bookstore experience that's highly curated, said Discord CMO Eros Resmini. Founded in 2015, the company enters the digital distribution space as the video game industry continues to grow rapidly . Globally, gamers are expected to spend around $138 billion on games in 2018, up 13.3 percent from the previous year, according to Newzoo . The
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