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Is Supercell owned by Tencent?
For Supercell specifically, its majority owner, Tencent, is in hot water in the U.S. (a major market for Supercell); and it’s sitting on a still-popular but now-ageing game franchise that you could argue is in the middle of its own Battle Royale against the many other big games that are vying for people’s attention ( …
Is Supercell owned by China?
Clash Of Clans is a mobile strategy video game that was developed by Supercell, which is a Finnish game developer. However, currently, Tencent has acquired more than 50 per cent stakes of the Supercell, which gives them a majority stake and ownership.
Is COC being removed?
Clash of Clans is not facing removal from iPhone (iOS) and Android in 2022. The Clash of Clans app will still be playable on supported smartphones and tablets, as no delisting will take place. Support for Clash of Clans is ending for iPhone and Android users running outdated OS versions, however.
How much of Supercell does Tencent own?
In June 2016, a Luxembourg consortium, which included Tencent, acquired an 81.4\% interest in Supercell at a valuation of $10.2 billion. Tencent this week increased its stake in the consortium from 50\% to 51.2\%, spending $40 million for the additional shares.
What does the Tencent-supercell deal mean for SoftBank and SoftBank?
Finnish mobile games maker Supercell will now have Tencent’s backing as it pushes more aggressively into China’s online gaming market. For Japanese internet and telecoms group SoftBank, the Tencent deal will mark its third major asset reshuffle in the past month.
Who is Tencent Holdings Ltd?
BEIJING/HELSINKI/TOKYO (Reuters) – China’s biggest gaming group Tencent Holdings Ltd 0700.HK is to buy a majority stake in ‘Clash of Clans’ mobile game maker Supercell from SoftBank Group Corp 9984.T in a deal valued at roughly $8.6 billion.
What games does Tencent own?
Tencent also owns 5\% stakes in blockbuster studios Ubisoft (Assassin’s Creed, Rainbow Six Siege) and Activision Blizzard (Call of Duty, World of Warcraft ). Further Reading: Tencent entirely owns League of Legends -creator Riot Games, which recently announced its first new games in a decade.