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.Tencent
Tencent, based in China, invested in Riot Games in 2011 and became its outright owner four years later. Riot is headquartered in Los Angeles.Supercell: Tencent owns a majority stake in Supercell, the Finnish developer known for mobile games like “Clash of Clans” and “Clash Royale”. Epic Games: Tencent holds a minority stake in Epic Games, the company behind “Fortnite” and the Unreal Engine.
How much Tencent paid for Riot : In February 2011, Tencent invested $400 million for a 93 percent stake in Riot Games.
Is VALORANT owned by Tencent
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.
Who does Tencent own : Riot Games
Tencent Holdings, Ltd. It was founded in 1998. It owns Riot Games and Tencent Music. It has over 600 investments, including 40% of Epic Games and 4% of Tesla.
Tencent Holdings, Ltd. It was founded in 1998. It owns Riot Games and Tencent Music. It has over 600 investments, including 40% of Epic Games and 4% of Tesla.
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).
Does Tencent own Mojang
Microsoft purchased Mojang in 2014 for $2.5 billion, a smart move even though the size of the deal initially drew skepticism from some analysts and industry watchers. Microsoft's Mojang unit has partnered with Chinese video game developer and publisher NetEase (Tencent's main rival) to operate Minecraft in China.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.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.
For a large company like Tencent, the acquisition of LOL is to contact the market from a global strategic perspective and maintain the competitiveness of the enterprise. Tencent's acquisition of Riot undoubtedly makes Riot see the world on the shoulders of giants.
Who owns Valorant : Riot Games
Valorant is a free-to-play first-person tactical hero shooter developed and published by Riot Games, for Windows.
Is Tencent owner of TikTok : TikTok, whose mainland Chinese counterpart is Douyin, is a short-form video hosting service owned by Chinese internet company ByteDance. It hosts user-submitted videos, which can range in duration from three seconds to 10 minutes. It can be accessed with a smart phone app.
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.
Largest shareholders include DSC Advisors, L.P., Cambridge Investment Research Advisors, Inc., Vanguard Group Inc, Renaissance Technologies Llc, Deutsche Bank Ag\, California Public Employees Retirement System, Geode Capital Management, Llc, Seven Bridges Advisors LLC, Panagora Asset Management Inc, and BlackRock Inc. …Globally, Tencent is best known as the owner of League of Legends creator Riot Games Inc. and as an investor in Fortnite maker Epic Games Inc. But in recent years, China's most valuable company has shifted to grabbing slices of up-and-coming studios from Europe to Japan to South Korea.
Who does Tencent belong to : Tencent Holdings Ltd.
| Tencent Seafront Towers in Shenzhen | |
|---|---|
| Total assets | CN¥1.578 trillion (US$221.94 billion) (2022) |
| Total equity | CN¥782.860 billion (US$110.10 billion) (2022) |
| Owners | Naspers (26.04%; since 2019 through Prosus) |
| Number of employees | 112,771 (2021) |