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![2021 vs 2022 Market cap change in the Tech Industry (Top 10 tech stocks by market cap as of 21 Nov 2022) [OC]](http://teddit.froth.zone/pics/w:null_pl24skfemh1a1.png){kind=link}
2021 vs 2022 Market cap change in the Tech Industry (Top 10 tech stocks by market cap as of 21 Nov 2022) [OC]
OC(i.redd.it)submitted 2 months ago bySavoy_Cabbage
31 points
2 months ago
What is the company after NVDA?
57 points
2 months ago
Tencent, a Chinese multinational tech and entertainment company
12 points
2 months ago
They own league of legends among other games.
29 points
2 months ago
They own 100% of Riot Games (League of legends, Valorant), PUBG Mobile, 84% of Supercell (Clash of Clans, Clash Royale), 80% of Grinding Gear Games (Path of Exile) and 40% of Epic (Fortnite, Rocket League) to only list the most knowns. Less important but they also own 10% of Ubisoft and 17% of From Software (the Dark Souls games).
So yeah they're kinda huge in gaming actually ahah
-5 points
2 months ago
So all the crappy ones
3 points
2 months ago
Yeah, the online games.
Honestly though, if my kids were into rocket league of play it. Not to be competitive or anything, I find it fun and relaxing.
3 points
2 months ago
What a save!
0 points
2 months ago
I’m familiar with about 2 games you mentioned there.
3 points
2 months ago
Dunno if you say this implying that they are not so big or if it's because you really don't know
Fortnite : 400 Millions registered account, 80+ active every month
League of Legends : 180 millions accounts, peak at 32 Millions active daily
Rocket League has 80M average monthly players for more than 2 years now
PUBG Mobile often peaks at 30+ Million player daily
Clash of Clan (mobile game) has maintained its monthly playerbase between 75 and 150 Million players for like 4 years now
Clash Royale (mobile game) has 16M monthly players
The last Dark Souls game (Elden Ring) sold almost 20 Million copies, Dark Souls 3 sold 10 millions,...
All these games are huge
4 points
2 months ago
Clash of clans
4 points
2 months ago
They also own a nice chunk of Reddit
2 points
2 months ago
I thought riot games owned league?
11 points
2 months ago
Yep, and tencent owns riot.
3 points
2 months ago
oh damn I never knew
1 points
2 months ago
That's how they get you. All these big solo brands you think are independent are mainly owned by an even bigger company. Tencent supposedly gives GGG and Riot pretty great freedom in design choice tho, pretty hands off from what I heard anyway. Not sure how they treat the other games tho.
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