![]() If you're curious about all the major gaming companies that Tencent has invested in, we have a comprehensive list. That isn't to say Tencent is at risk of losing its spot on the throne as the world's biggest gaming company, but it's interesting to see which companies (and by extension their games) Tencent is putting money into. It's a lot to keep track of and, as the Niko Partners report suggests, is due to "increasing competition in the games space from large tech firms such as Bytedance and Alibaba, as well as medium sized companies such as Lilith and MiHoYo that have succeeded in spaces where Tencent has seldom invested in." Both companies were backed by Tencent, and it now owns around 68 percent of the merged company. The remaining of Tencent's 2020 investments are mostly in Chinese gaming companies and platform holders, like Huya/Douyo, China's largest livestreaming platform that used to be competitors before merging earlier this year. Tencent's acquisition of Leyou effectively means Tencent is now the owner of Digital Extremes, Splash Damage, and the intellectual property of Telltale Games. Leyou's subsidiary Athlon Games is a shareholder and publishing partner of LCG Entertainment, which now owns the intellectual property of Telltale Games after it went defunct.Leyou has a publishing agreement with Amazon for the Chinese release of Amazon's upcoming Lord of the Rings MMO.Leyou owns Splash Damage, co-developers of Gears Tactics, Dirty Bomb, and other games.Leyou owns Digital Extremes, makers of Warframe (acquired them in 2014).
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