Tencent invests in a variety of companies across several sectors. The company owns stakes in several popularvideo gamedevelopers, including Epic Games (Fortnite), Roblox Corporation (Roblox), and Riot Games (League of Legends), of which Tencent owns 99.7 percentequity. Though it operates its own...
And with a growing presence internationally, we recently decided to take a closer look at how it operates and what it owns. Beginning with Riot Games in 2011, Tencent has been steadily acquiring an extensive portfolio of international game studios. And as one of the largest tech conglomerates ...
GI also notes that Tencent owns pieces of several major gaming companies, including Epic Games, Activision/Blizzard, and Riot Games, which it could leverage to boost WeGame's footprint in the West. At the least, it's very name should provide an easy sale price for deeply discounted games....
Tencent Video, which owns the online broadcast rights in China for the long-running smash series from HBO, was originally scheduled to air the episode at 9 am Beijing time, or 0100 GMT. But an hour before the scheduled broadcast, one of Tencent Video's official accounts o...
Ubisoft’s biggest stakeholder after its founding Guillemot family is, of course, Tencent, which owns about 10% of the company after the Guillemots’ 20%. Known for specializing in multiple mammoth open-world franchises such as “Assassin’s Creed,”“Far Cry” and “The Division,” ...
Tencent owns rights to two of the world's most profitable mobile games, Peace Elite and Honour of Kings with March revenue over US$230 million and US$110 million respectively. In addition to the direct epidemic effect, overseas gaming demand also grew, with one game making nearly 40 percent...
CGTN’s William Denselow reports. Follow William Denselow on Twitter @willdenze Luigino Gigante owns the Waypoint Cafe in New York, a hotspot for gamers in the city. As he tries out Arena of Valor, he admitted he can see why more than 200,000,000 people play the original version of it...
Tencent, which owns 100% stakes in Riot Gamessince 2015, has reportedly been working together with the League of Legend developers for over a year now. As Riot's founders have always insisted, the mobile version will not be an exact replica of the PC version. Instead, the familiar design ...
Tencent owns nearly 50% of China’s game market because of the strength of its game offerings and internal capabilities in value added services. The company operates WeChat, an instant messaging and social media service that has over 889 million active users. In addition, the company ope...
Tencent, which also owns the WeChat app with broad usage in China, has encountered challenges lately. It has seen revenue increase in the single digits or decline for the past seven quarters after a pandemic-era growth spurt. In September, Tencent-backed Epic Games announced it was cutti...