Tencent acquired a 40% stake in Epic Games in 2012, investing 3.3 billion US dollars and paving the way for Epic's transition to a free-to-play games model supported by in-game purchases and subscriptions.
7 answers
Carolina
Sat Nov 02 2024
Tencent currently holds an estimated 40% stake in Epic Games.
Lucia
Sat Nov 02 2024
Tencent made a significant strategic investment in Epic Games in 2012.
CryptoMaven
Sat Nov 02 2024
Epic Games is renowned as the developer of the popular game Fortnite.
Valentina
Fri Nov 01 2024
Lego Company owner Kirkbi A/S is also among Epic Games' minority shareholders.
CryptoTitaness
Fri Nov 01 2024
This substantial investment has made Tencent a key shareholder in the gaming company.