WHO OWNS RIOT GAMES?

Tencent, one of the world’s largest technology companies, has a diverse portfolio that includes significant investments in various sectors, especially in video gaming. Some of the notable companies and games Tencent has ownership or stakes in include:

  1. Riot Games: Tencent fully owns Riot Games, the developer of “League of Legends”.
  2. Supercell: Tencent owns a majority stake in Supercell, the Finnish developer known for mobile games like “Clash of Clans” and “Clash Royale”.
  3. Epic Games: Tencent holds a minority stake in Epic Games, the company behind “Fortnite” and the Unreal Engine.
  4. Activision Blizzard: Tencent has a minority stake in Activision Blizzard, known for games like “World of Warcraft”, “Overwatch”, and the “Call of Duty” series.
  5. Ubisoft: Tencent also holds a minority stake in Ubisoft, known for franchises such as “Assassin’s Creed” and “Far Cry”.
  6. Bluehole: Tencent has a stake in Bluehole Studio, the developer of “PlayerUnknown’s Battlegrounds” (PUBG).
  7. Grinding Gear Games: Tencent owns a majority stake in this New Zealand-based company, which developed “Path of Exile”.
  8. Funcom: Tencent is the owner of Funcom, the Norwegian developer known for games like “Conan Exiles”.
  9. Kakao Games: Tencent holds a stake in this South Korean company involved in publishing and developing games.
  10. PlatinumGames: Known for titles like “Bayonetta”, Tencent invested in this Japanese development studio.
  11. Mobile Games: Tencent owns “Honor of Kings” and “PUBG Mobile”, two of the highest-grossing mobile games in the world.
  12. WeGame: Tencent’s own gaming platform, similar to Steam, which distributes games in China.

Apart from gaming, Tencent also has significant interests in various other sectors, including social media (WeChat), entertainment, AI, and cloud computing. This diverse portfolio makes Tencent one of the most influential tech companies globally.

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.

Tencent is one of the world’s largest technology and entertainment companies and has a significant presence in the gaming industry, not only in China but globally. The acquisition of Riot Games was a part of Tencent’s strategy to expand its portfolio in the gaming sector. Under Tencent’s ownership, Riot Games has continued to grow and expand its operations, developing additional games and projects while maintaining the success of “League of Legends.”