What game is under Tencent?
In 2011, Tencent Games started hosting online multiplayer games such as Call of Duty Online, consisting of previous Call of Duty titles with added content, as well as the game League of Legends. Tencent Games partly owns battle royale games such as Fortnite and fully own Ring of Elysium. Tencent (Chinese: 腾讯; pinyin: Téngxùn) is a Chinese multinational technology conglomerate and holding company headquartered in Shenzhen. It is one of the highest grossing multimedia companies in the world based on revenue.Tencent invests in a variety of companies across several sectors. The company owns stakes in several popular video game developers, including Epic Games (Fortnite), Roblox Corporation (Roblox), and Riot Games (League of Legends), of which Tencent owns 99.In the first quarter of 2025, the top 10 gaming companies by revenue were Tencent, Microsoft, Sony, Apple, NetEase, Electronic Arts, Google, Take-Two Interactive, Century Huatong Group and Roblox. Tencent generated $9,666. Microsoft snagging second place in the ranking with $5,492.Supercell’s games are all available for free download, and the company’s main source of revenue is the in-game virtual currency it sells. Tencent’s acquisition of Supercell occurred in June 2016. Tencent purchased 84. Finnish developer’s shares for US$8.
Is PUBG owned by Tencent?
PUBG game is developed by Krafton, Tencent Games, Xbox Game Studios, PUBG Corporation, and Brendan Greene is the owner who created PUBG game. Bluehole is the company name of the PUBG game. Brendan Greene was born in 1976 & its company net worth is approx 4. Following the success of PUBG: Battlegrounds, which had led to both investment from Tencent Holdings, and expansion and acquisition of studios, Bluehole opted to establish Krafton on November 5th 2018, to serve as a holding company for its video game properties.
Does Tencent own 40% of Epic Games?
Tencent made a strategic investment in Epic Games (the developer of Fortnite) in 2012. It holds an estimated 40% stake in the gaming company, which also counts Sony (SONY -2. Disney (DIS +0. Lego Company owner Kirkbi A/S among its minority shareholders. Tencent’s investment helped Epic fund its growth. Tencent owns 40% of Cary, N. C. Epic Games.
Is Riot 100% owned by 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. By 2015, League of Legends had become a global phenomenon, with millions of active players and a thriving esports scene. Recognizing the value of fully integrating Riot Games into its portfolio, Tencent completed its acquisition of the company, securing 100% ownership.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.
Why did PUBG remove Tencent?
The maker of the hit video game PlayerUnknown’s Battleground (PUBG) has cut ties with Tencent in India after Delhi banned apps with links to China. PUBG Mobile was one of 118 Chinese apps that the Indian government blacklisted over national security concerns. The South Asian nation’s Ministry of Electronics and Information Technology has banned apps – including those belonging to major Chinese technology companies such as Tencent Holdings, Alibaba Group Holding and NetEase – that are rebranded versions of apps that the Indian government already banned in 2020, according to .