How You Can Invest in Riot Games Stock
Riot Games is one of the world's most successful and influential video game developers and publishers. But can you invest in Riot Games stock and profit from its growth?
In this article, we will explain what Riot Games is, why it is not publicly traded, and how you can indirectly invest in its parent company, Tencent Holdings.
What is Riot Games?
Riot Games is a video game developer and publisher founded in 2006 by Brandon Beck and Marc Merrill. The company is best known for creating League of Legends, one of the world's most popular and profitable games. League of Legends is a multiplayer online battle arena (MOBA) game with over 100 million monthly active players and generates billions of dollars in revenue annually.
Riot Games also develops and publishes other games such as Valorant, Legends of Runeterra, Teamfight Tactics, and Wild Rift. Valorant is a tactical first-person shooter (FPS) game that was released in 2020 and has over 14 million monthly active players.
Legends of Runeterra is a digital collectible card game (CCG) released in 2020 and has over 10 million downloads on Google Play. Teamfight Tactics is an auto battler game that was released in 2019 and has over 80 million players. Wild Rift is a mobile version of League of Legends that was released in 2020 and has over 50 million downloads on Google Play.
What is the Riot Games Stock Symbol and Price?
Unfortunately, there is no such thing as Riot Games stock because Riot Games is not a publicly traded company. Instead, Riot Games is a wholly owned subsidiary of Tencent Holdings, a Chinese multinational technology conglomerate that owns or invests in many other gaming companies.
Tencent Holdings acquired a majority stake in Riot Games in 2011 for $400 million and bought out the remaining shares in 2015 for an undisclosed amount. Tencent Holdings also owns or has stakes in Epic Games (Fortnite), Activision Blizzard (Call of Duty, Overwatch), Ubisoft (Assassin’s Creed, Far Cry), Supercell (Clash of Clans, Clash Royale), and many more.
How to Invest in Riot Games Stock
While you cannot directly invest in Riot Games stock, you can indirectly invest in its parent company, Tencent Holdings, by buying its American depositary receipts (ADRs) on the US stock market. Tencent Holdings trades under the ticker symbol TCEHY on the OTC markets.
Tencent Holdings has a loyal and growing fan base that generates consistent and high revenues from its games.
League of Legends Stock
League of Legends is the flagship game of Riot Games and Tencent Holdings. It is one of the world's most played and watched games, with millions of players competing in various leagues and tournaments. League of Legends also has a thriving esports scene, with the annual League of Legends World Championship attracting over 100 million viewers in 2020.
While there is no League of Legends stock, by investing in Tencent Holdings stock, you can indirectly invest in League of Legends stock and benefit from its popularity and profitability.
Valorant Stock
Valorant is another popular game developed by Riot Games and owned by Tencent Holdings. It is a tactical first-person shooter game that combines elements from Counter-Strike: Global Offensive and Overwatch. Valorant was released in June 2020 and quickly became one of the most played games on Twitch, with over 1.7 billion hours watched in its first year.
Although Valorant is free to play, it offers various cosmetic items such as skins, sprays, banners, and cards that can be purchased with real money or earned through a battle pass system. Valorant also has an esports scene, with the Valorant Champions Tour being the official global circuit for the game.
By investing in Tencent Holdings stock, you can indirectly invest in Valorant stock and benefit from its growth and potential.
Riot Games Stock | Bottom Line
Riot Games is one of the world's most successful and influential video game developers and publishers, but it is not publicly traded. However, you can indirectly invest in Riot Games stock by investing in its parent company, Tencent Holdings, which trades on the US stock market under the TCEHY ticker.
Tencent Holdings is not only the owner of Riot Games but also one of the largest and most influential gaming companies in the world, with stakes in many other gaming companies. Tencent Holdings has a loyal and growing fan base that generates consistent and high revenues from its games.
If you are interested in investing in Riot Games stock or other gaming stocks, you should do your own research and analysis before making any investment decisions.
You should also improve your financial literacy and stock market knowledge by joining the HaiKhuu Trading community, where you can access valuable resources and insights from experienced traders and investors.
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