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Epic Games, which had been valued at around $825 million at the time of Tencent's acquisition, was estimated to be worth $4.5 billion in July 2018 due to Fortnite Battle Royale, and expected to surpass $8.5 billion by the end of 2018 with projected growth of the game. [64]
Tencent Games partly owns battle royale games such as Fortnite and fully own Ring of Elysium. [19] Starting in 2016, Tencent Games developed a video gaming console dubbed TGP (Tencent Gaming Platform) Box. The TGP Box is called the Blade. It is an Intel-powered console running Windows 10 and a TGP Box mode.
Fortnite is an online video game and game platform developed by Epic Games and released in 2017. It is available in seven distinct game mode versions that otherwise share the same general gameplay and game engine: Fortnite Battle Royale, a battle royale game in which up to 100 players fight to be the last person standing; Fortnite: Save the World, a cooperative hybrid tower defense-shooter and ...
"Marvel Rivals" also participated in similar events in December with "Fortnite," which is owned by American developer Epic Games. Tencent, another Chinese gaming mega-corporation, owns about 35% ...
Epic Games launched the battle-royale game in 2018 in partnership with Tencent Holdings Ltd (OTC: TCEHY), which owned a 40% stake. Interestingly, Fortnite's Chinese version was playable in a "test ...
Tencent invested in Activision Blizzard as a minority investor with 5% in 2013, when the holding company bought itself from the Vivendi conglomerate which was part of it since 2008. [227] [228] Tencent's Sumo Group subsidiary wholly owned Pipeworks Studios until it was sold to Jagex for an undisclosed sum in July 2022. [229]
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Fortnite Battle Royale is a 2017 battle royale video game produced by Epic Games.It was originally developed as a companion game part of the early access version of Fortnite: Save the World, a cooperative survival game, before separating from it and then dropping the early access label on June 29, 2020.