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A comment on Tencent loses $20B in value after China attacks myopia with gaming curbs. Parent comment

Re:Tencent loses $20B in value after China attacks myopia wi... by product50 on Tuesday September 04, 2018 @05:09AM (#17907658)
Some of more significant Tencent games are PubG and Fortnite.
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Re:Tencent loses $20B in value after China attacks myopia wi... by qualitative on Tuesday September 04, 2018 @05:16AM (#17907684)
Epic Games is actually a Chinese company? Bluehole is Chinese too?
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Re:Tencent loses $20B in value after China attacks myopia wi... by rococode on Tuesday September 04, 2018 @05:22AM (#17907703)
Tencent owns 40% of Epic Games, 100% of Riot, and I think 10-15% of Bluehole. As well as 85% of Supercell, 80% of Path of Exile, 5% of Ubisoft, 5-10% of Activision (Blizzard), and notable shares in a variety of smaller studios that publish Cities: Skylines, Crusader Kings, Lineage 2, etc. They also fully manage the publication of games like Candy Crush and PUBG in China and even developed PUBG Mobile.

Tencent basically originated as an instant messenger with gaming integration so it's no surprise that they have large stakes in the gaming industry. It also helps that they're a huge company that dwarfs every gaming company in existence.

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