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  3. Jan 19, 2022 · Jan 19, 2022. Reading time: 2 min. With recent discussion of Activision-Blizzard being acquired by Microsoft, some fans are left wondering who exactly owns popular MOBA League of Legends. Riot Games, the League of Legends developer and publisher, is 100% owned by Tencent, a Chinese technology and entertainment conglomerate of colossal size.

  4. en.wikipedia.org › wiki › TencentTencent - Wikipedia

    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. Tencent publishes video games via its Tencent Games division of Tencent Interactive Entertainment.

  5. Mar 2, 2022 · 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 in the world, it also...

    • Khee Hoon Chan
  6. Feb 3, 2011 · Tencent Holdings, one of the leading internet companies in China -- which operates IM, social networking, and online games -- has acquired a majority stake in Riot Games, Los Angeles-based developer and publisher of League of Legends, it announced late on Friday.

    • Christian Nutt
  7. Nov 14, 2021 · The germ of an idea that would soon create Riot Games had formed. Studio Foundation Using around $1.5 million secured from family and angel investors, Beck and Merrill created Riot Games in ...

    • Who owns Riot Games?1
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  8. Oct 22, 2023 · That‘s a 37X increase in a decade! Riots own management expects to clear $2 billion in revenue in 2022. Using common valuation methods based on profit multiples, Riot could now be worth $18 – $22 billion. To put those numbers in perspective, here‘s how Riot compares to other gaming leaders:

  9. Jan 19, 2022 · Who Is Riot Games Owned By? Since 2015, Tencent has completely owned Riot Games. As mentioned, in 2011, the Chinese multinational technology and entertainment conglomerate and holding company invested in Riot and became the majority stakeholder with 93 percent. In 2015, the company bought up the final 7 percent and has since become the owner of ...

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