Riot, the studio behind the massively successful MOBA League of Legends, is now completely owned by the Chinese investment company Tencent, as part of a restructuring of its equity program.
"As a result of our continued growth and changing circumstances, we're shifting to a new structure to recognize and reward Rioters' contributions - and that first involves a big change to our existing equity program. As part of this effort, our majority investor, Tencent, recently purchased the remaining equity of Riot Games. This allows us to move away from a Riot equity program towards a cash based incentive program that allows Rioters to share in Riot's success."
Tencent also holds shares in a number of other major video game companies, including Activision Blizzard and Epic Games.
Source:
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