Does China own League of Legends?
Does China own League of Legends?
Riot Games is 100% owned by Chinese gaming giant Tencent.
Which country owns League of Legends?
In 2008, Riot reached an agreement with holding company Tencent to oversee the game's launch in China. League of Legends was announced Octo, for Microsoft Windows.
Which country own Riot Games?
American Riot Games, Inc. is an American video game developer, publisher and esports tournament organizer. Its headquarters are in West Los Angeles, California.
Who made wild rift?
Riot Games League of Legends: Wild Rift/Desenvolvedores
Who is the owner of League of Legends?
- Asia's largest internet company was already the majority owner of Riot Games. After buying most of the studio behind League of Legends in 2011, Tencent now owns it outright. California studio Riot Games told employees that the Chinese internet giant behind WeChat had purchased the remaining equity in the company.
Is the company Riot Games a Chinese company?
- Riot Games is one such name that comes to mind that has produced some of the most successful games over the years. The game developers also have a huge presence in India. So, let us quickly take a look at the Riot Games origin country and find out if it actually has any roots in China.
How much money does League of Legends make?
- There was no word about the price, but League of Legends reportedly makes $1 billion a year via in-app purchases. Tencent should be able to afford it, though, as it was recently valued at $200 billion, ahead of China's Alibaba.
Why did Tencent buy out League of Legends?
- The move certainly makes sense for Tencent, because League of Legends (and MOBAs in general) are massively popular in China. While it no doubt affected the wallets of the parties involved, the deal likely won't impact the average LoL player, however.
