Anonymous ID: a590e0 Aug. 6, 2020, 8:32 p.m. No.10206900   🗄️.is 🔗kun   >>6933 >>7089

>>10206853

Tencent also owns YUGE chunks of Riot Games (League of Legends), and Epic Games (Fortnite).

 

If this goes further into Tencent's other holdings, then Fucked doesn't BEGIN to describe the situation they'll be in after this EO goes into effect.

 

On 18 February 2011, Tencent acquired a majority of equity interest (92.78%)[40] 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 Holdings.[41][42] Tencent acquired a minority stake in Epic Games, developer of franchises like Fortnite, Unreal, Gears of War and Infinity Blade, in June 2012.[43] Tencent in 2013 increased its stake in Kingsoft Network Technology, a subsidiary of Kingsoft Corporation, to 18%. Tencent previously had a 15.68% stake in the company and raised the stake through a US$46.98 million investment.[44] Tencent took part in Activision Blizzard splitting from Vivendi as a passive investor in 2013[45][46] and now owns less than 4.9% of the shares as of 2017.[47] On 17 September 2013, it was announced that Tencent had invested $448 million for a minority share in Chinese search engine Sogou.com, the subsidiary of Sohu, Inc.[48]

 

https://en.wikipedia.org/wiki/Tencent