Clash of Clans And League Of Legends Are Under One Roof

Tencent makes another move in acquiring another big game under their portfolio. Reports from TechInAsia confirms that the China social media and gaming company has acquired Supercell, the studio behind Clash of Clans and Clash Royale.

Clash of Clans Tencent Holdings

A sum of $8.6 billion was paid by Tencent to hold 84 percent stake of Supercell, relinquishing previous owner, Softbank, from being the major stockholder. The purchase marks Supercell’s valuation at $10.2 billion—at least doubled its valuation nearly a year ago.

The purchase of the biggest mobile game should come to no surprise from Tencent as they are currently on the path to becoming the biggest gaming publisher, based on revenue. Currently, Tencent owns Riot Games, the developers of League of Legends, owns a small stake in Epic Games, the creators of Gears of War, and also has a stake in Activision Blizzard.

With Supercell continuing to do well in the mobile gaming world, this purchase could prove to be beneficial for Tencent in the long-run. Only time will tell is this was a smart move for the Chinese media conglomerate.

Source: TechInAsia

Related Product Link(s):

iTunes Gift Cards
Google Play Gift Cards

League of Legends (BR)
League of Legends (EU West & EU Nordic/East)
League of Legends (NA)
League of Legends (Oceanic)
League of Legends (TR)

Related posts

MapleStory 2 Is Almost Here !

MapleStory 2 Is Almost Here !


MapleStory 2 Is Almost Here !

As MapleStory 2 get closer to Official Launch, do check out the list of event leading up the launching day!   Live Now: Reserve Your Name and Mushking Royale Pre-Season Reserve your favorite name for free by creating a character in Mushking Royale! This character will be...

Love Dance – Recharge Spree Raffle Promo

Love Dance - Recharge Spree Raffle Promo


Love Dance - Recharge Spree Raffle Promo

Love Dance Recharge Spree Raffle Promo has started!!! Get this chance to be one of the winners of an awesome PRISMA WING!!! Duration: September 21 - September 24, 2018 (@11:59 PM GMT +8)   * MECHANICS * 1. Every 3 USD Recharge grants you with 1 Raffle entry during the...

Grand Fantasia Costume Alchemy – Friday 21, Sep

Grand Fantasia Costume Alchemy - Friday 21, Sep


Grand Fantasia Costume Alchemy - Friday 21, Sep

Dear Messengers, Get ready for the weekend festivities! Enjoy this alchemy table full of weapon and character costumes! - The Alchemy table will be available all day long-   Top-up your Grand Fantasia now!   Everyone will enjoy...!! ... i mean...

Leave a comment