Does fist company belong to Tencent?

Fist is a wholly-owned subsidiary of Tencent. In 2006, the founder of fist founded fist. At that time, the fist was just a small studio, lacking money and technology, and Tencent had gained a firm foothold and strong strength in China.

At that time, Tencent invested in this small company with the mentality of giving it a try. In 2008, the fist company launched League of Legends, which became a big hit in Europe and America. Many domestic game companies began to have the idea of cooperation with fists, such as Shanda's long-term visit to Tencent.

At that time, Tencent's reputation for plagiarism was not very good, and his fist was hesitant. Finally, Tencent executives raised 8 million dollars to win the agency right of League of Legends. 20 1 1, Tencent acquired 92.78% of the shares of Fist, but Fist required independent operation, that is, the shares had no right.