Comment on Tencent Has Invested $2 bn in Overseas Markets. Here’s the List. by Tencent and LINE Pour US$100M into Korean Game Designer 4:33 Creative Lab - TechNode

['Tracey Xiang', 'More Tracey Xiang', '.Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow', 'Class', 'Wp-Block-Co-Authors-Plus', 'Display Inline', '.Wp-Block-Co-Authors-Plus-Avatar', 'Where Img', 'Height Auto Max-Width', 'Vertical-Align Bottom .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow .Wp-Block-Co-Authors-Plus-Avatar'] Comments for TechNode 2013-10-23 00:00:00

The company has invested $2 billion in overseas markets, a large part of which went to startups, disclosed Martin Lau, president of Tencent, at GMIC 2013 Sillicon Valley. Online gaming has been the major contributor to its total revenues and now Tencent counts on mobile gaming in order to monetize the huge user base it has already had through WeChat, Mobile QQ and other mobile apps. League of Legends, developed by Riot and launched in 2009, is one of the most profitable games on Tencent platform. League of Legends, developed by Riot and launched in 2009, is one of the most profitable games on Tencent platform. American game distributor Outspark raised $11 million round led by Tencent in early 2008.raised $11 million round led by Tencent in early 2008.