The company, which is owned by Chinese
social networking giant Tencent, has stayed mum on revenue it gets from its sole videogame title, various reports suggest that Riot Games easily pulls in more than $ 1 billion per year.
Danish toymaker Lego is teaming up with Chinese internet
giant Tencent Holdings (tcehy) to jointly develop online games and potentially a
social network aimed at Chinese children.
As demonstrated by the far - reaching success and impact of Chinese Internet companies — such as e-commerce
giant Alibaba's record - breaking «11.11 Singles» Day» sales of over US$ 17 billion, as well as the incredible saturation of over 700 million active users achieved by
Tencent's messaging and
social networking platform, Wechat, and its new mobile payment system, WePay, to name a couple — in many respects, China's mobile and digital infrastructure has surpassed the systems available in many economies, including those in Canada.