Is League of Legends developed by Tencent? Did Tencent buy the fist company?

Tencent didn't develop it, but Tencent bought its development company, the fist company. In 2008, Tencent became the largest shareholder. 1 1 In February, Tencent spent a huge sum of money to get more than 90% of the shares of Fist. Lol also started public beta around this time.

Riot games is an American online game developer, founded in 2006. Riot games strives to become the world's leading developer and publisher with the competitive game League of Legends, providing high-quality online games for professional players. In 2008, riot games raised $8 million and introduced Tencent, Benchmark Capital and Firstmark capital as investors. Tencent then obtained the agency right of League of Legends in Chinese mainland. Tencent disclosed in the third quarter financial report of 20 1 1 that it spent $23 1 10,000 in cash to acquire American game developer Riot Games * *, holding 22.34% before the transaction and 92.78% after the transaction. 20 15 12 Riot Games announced that Tencent, the major shareholder, had acquired the remaining shares of the company. 20 16 February, Kuai Company selected "50 Most Innovative Companies in the World" 20 16.