According to China market research firm iResearch, mobile gaming became the largest market segment in the game industry in 2016. iResearch pegs the number of China mobile game players at 521 [...]
JULY 8, 2016 • Tencent Holdings Ltd’s recent acquisition of mobile game developer Supercell Oy naturally raised many eyebrows, not just for its $10 billion valuation, but also how it was really [...]
JUNE 21, 2016 • Clash of Clans developer Supercell Oy is being acquired by Tencent Holdings Ltd. from SoftBank Group Corp. for $8.6 billion. Softbank bought a 51% stake in Supercell for $1.5 [...]
MARCH 10, 2016 • Riot Games has acquired Los Altos, Calif.-based Radiant Entertainment for an undisclosed sum. The acquisition is the first for Riot. Radiant was founded in 2013 by brothers Tom [...]
AUG. 14, 2015 • Tencent Holdings Ltd. continues to be a leader in PC online games and is increasingly looking to grow its presence in the competitive mobile game business. Surprisingly, Tencent [...]