How Much Of Riot Is Owned By China?

What country owns riot?

Riot Games, Inc.

is an American video game developer, publisher, and esports tournament organizer based in West Los Angeles, California.

Since 2015, Riot has been a subsidiary of Chinese holding conglomerate Tencent..

Is LOL owned by Tencent?

As the world’s largest gaming company, Tencent owns stakes in a number of gaming firms around the world. Riot, the developer of League of Legends, is a wholly owned subsidiary and Tencent has a 40 per cent stake in Epic, the maker of Fortnite and the Unreal Engine. Both companies are based in the US.

Is LOL wild rift Chinese?

Earlier in August 2020, Riot Games successfully registered a Trademark for their game, Wild Rift, in China with the National Intellectual Property Administration. … Riot Games is still working on processing Wild Rift’s approval for release in China.

Who is the CEO of Riot Games?

Nicolo Laurent (Oct 2017–)Riot Games/CEO

Is riot owned by China?

Riot Games is an American video game developer which is headquartered in Los Angeles, California. The company was founded in 2006 by Marc Merrill and Brandon Beck. However, it is a subsidiary of Chinese multinational technology conglomerate Tencent Holdings.

How much of Tencent is owned by China?

about 18%Tencent currently has about 18% of China’s cloud computing market, behind China market leader Alibaba, which has a 46% share according to research firm Canalys.