Tencent, the giant gaming company that has been known through games such as PUBG Mobile and Arena of Valor (AoV) recently reportedly brought the majority of shares of other mobile game companies, Supercell. Supercell is a game developer company that has created a variety of popular mobile games such as Clash of Clans, Clash Royale and Hay Day.
Quoted from the Forbes business site, in 2016 a consortium from Luxembourg bought 81.4% of Supercell shares. But at the end of last October, Tencent came to buy back 51.2% of Supercell’s shares in investments reportedly reaching $ 40 billion. This makes Tencent the majority shareholder in Supercell.
Founded in 2010 in Finland, Supercell is a mobile gaming company focused on producing freemium games. In total there are five games ever created by this company; Hay Day, Clash of Clans, Boom Beach, Clash Royale and Brawl Stars.
The popularity of this gaming company skyrocketed when in 2013, Hay Day and Clash of Clans recorded a total of 8.5 million players every day and made $ 2.4 million every day. In 2015 the income even increased to $ 5.5 million every day. The company engaged in the field of market analysis, Sensor Tower, reported that in 2018 the Supercell company had a total profit of $ 1.4 billion or almost reached Rp20 trillion.
Supercell is not the first game company brought by Tencent. Actually, this Chinese company also has shares in various game companies such as Epic Game and also Ubisoft. In fact, Tencent is known to have all the shares in the company that created the League of Legends game, Riot Games.
Despite having a majority stake in Supercell, it looks like Tencent will still let the gaming company based in the city of Helsinki work freely in its hometown.