Wednesday, June 22, 2016

Chinese mega-firm Tencent acquires controlling stake in Clash of Clans maker Supercell

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The next time you wonder why in-app purchases are so popular, you can think back to this day when the company behind Clash of Clans was valued at $10.2 billion. Chinese internet firm Tencent is acquiring 84% of Supercell, giving it majority control of the game developer. Don't expect anything to change right away—Supercell is making oodles of money as is.

Supercell is headquartered in Helsinki, Finland, but the current majority owner is Japan-based SoftBank.

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Chinese mega-firm Tencent acquires controlling stake in Clash of Clans maker Supercell was written by the awesome team at Android Police.



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