Tencent
It was founded in September 2006 by Brandon Beck and Marc Merrill to develop League of Legends and went on to develop several spin-off games and the unrelated first-person shooter game Valorant. In 2011, Riot Games was acquired by Chinese conglomerate Tencent.Riot Games, the developer known for creating the popular game “League of Legends,” is owned by Tencent Holdings, a Chinese multinational conglomerate. Tencent acquired a majority stake in Riot Games in 2011, and by the end of 2015, it fully acquired the company, making Riot Games a wholly-owned subsidiary of Tencent.Riot Games is one of Tencent's notable subsidiaries, known for creating the multiplayer online battle arena game League of Legends. It is one of the first game developers to receive investment from Tencent. Tencent publishes video games via its Tencent Games division of Tencent Interactive Entertainment.
Did Microsoft buy Riot : No, Microsoft does not own Riot Games. Riot Games, the developer of League of Legends, is an independent game studio. It was founded by Brandon Beck and Marc Merrill in 2006 and has remained an independent company ever since.
Does BlackRock own Riot
Currently, the two largest shareholders of Riot are asset managers Vanguard and BlackRock who control 9.68% (valued at $196 million) and 6.5% (valued at $131.58 million) of outstanding shares respectively.
Who owns most of Riot stock : Vanguard
According to the latest TipRanks data, approximately 58.13% of Riot Platforms (RIOT) stock is held by retail investors. Vanguard owns the most shares of Riot Platforms (RIOT).
Tencent owns a 38% stake in Discord, raising significant data privacy concerns due to its ties with the Chinese government. This substantial ownership stake has led to fears about potential Chinese government access to Discord's extensive user base and their data.
VALORANT, a game developed by Riot Games, which is owned by Tencent, a big Chinese company, also comes with its own kernel-level anti-cheat.
Is Riot richer than Blizzard
Activision Blizzard's brand is ranked #527 in the list of Global Top 1000 Brands, as rated by customers of Activision Blizzard. Their current market cap is $74.97B. Riot Games's brand is ranked #77 in the list of Global Top 100 Brands, as rated by customers of Riot Games. Their current valuation is $3.52B.Vanguard's ownership of more than half a billion dollars' worth of stock in bitcoin miners may not mean what you think. The fund group, which had $7.7 trillion in assets under management as of April 30, now owns roughly 17.9 million shares of Riot Platforms stock, a Monday SEC disclosure indicated.BlackRock is not owned by a single individual or company. Instead, its shares are owned by a large number of individual and institutional investors. The biggest institutional shareholders such as The Vanguard Group and State Street are merely custodians of the stock for their clients.
Interactive chart of historical net worth (market cap) for Riot Platforms (RIOT) over the last 10 years. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Riot Platforms net worth as of May 03, 2024 is $3.01B.
Why can t China use Discord : Conclusion. China's strict control over information flow has led to the blocking of thousands of websites and online services, including Discord. For those residing in or traveling to China, this means you can't connect with friends, chat, or engage with others on Discord.
Does Japan use Discord : The communication app Discord was downloaded about 233.7 thousand times in Japan in December 2023. The total number of downloads during that year reached more than 4.1 million.
Do Tencent own Riot
Riot was acquired by Tencent in 2011, years after the Shenzhen-based group won the rights to license its flagship title “League of Legends” in mainland China.
On 18 February 2011, Tencent acquired a majority of equity interest (92.78%) in Riot Games, developer of League of Legends, for about US$230 million. Tencent had already held 22.34% of the equity interest out of a previous investment in 2008. On 16 December 2015, Riot Games sold its remaining equity to Tencent.Blizzard Entertainment's brand is ranked #366 in the list of Global Top 1000 Brands, as rated by customers of Blizzard Entertainment. Their current market cap is $77.90B. Riot Games's brand is ranked #77 in the list of Global Top 100 Brands, as rated by customers of Riot Games. Their current valuation is $3.52B.
Who is behind Vanguard : Vanguard is owned by the funds that, in turn, are owned by the funds' shareholders. In short, it's a company owned by the investor and for the investor.