Tencent (HKEX: 0700) is a publicly listed company headquartered in Shenzhen, China that owns 5 consumer brands, and has 2 recorded transactions.[1]
Tencent is the largest video game company in the world by revenue, and it owns studios far better known than it is. It also runs WeChat, which combines messaging, payments and services in a way that has no Western equivalent and is close to unavoidable in daily Chinese life.
A consortium led by Tencent acquired a controlling stake in Supercell from SoftBank in a deal valuing the Helsinki studio at about $8.6 billion. Supercell makes Clash of Clans and Brawl Stars with unusually small teams and cancels games publicly when they do not meet its standards.
Tencent took full ownership of Riot Games, having bought a majority in 2011. It means League of Legends, among the most played PC games in the world for over a decade, and the Los Angeles studio that makes it have been Chinese-owned since. The price was not disclosed.
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Frequently asked questions
What brands does Tencent own?
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Tencent owns 5 consumer brands tracked here, including Riot Games, WeChat, Supercell, Clash of Clans and League of Legends.
Is Tencent a Chinese company?
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Yes. Tencent is headquartered in Shenzhen, China and was founded in 1998.
Who owns Tencent?
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Tencent is a publicly listed company owned by its shareholders; it trades as 0700 on the HKEX.
What was Tencent's most recent acquisition?
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The most recent completed acquisition recorded here is Supercell and Clash of Clans on 21 June 2016.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.