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The acquisition did not affect the operations of Phoenix Labs or Dauntless, but helped Garena expand its international presence. [19] As of the second quarter of 2021, Garena recorded 725 million active users, 45% more than the year prior, while the number of paid users grew 85% year-on-year, reaching 92 million.
By 2014, Garena was valued at US$ 1 billion by The World Startup Report and was ranked as the largest internet company in Singapore by The Economist. [ 12 ] [ 13 ] In March 2015, the Ontario Teachers' Pension Plan (OTPP), one of the largest pension funds in the world, invested in Garena, increasing the value of the company to over US$2.5 billion.
Riot Games, Inc. is an American video game developer, publisher, and esports tournament organizer based in Los Angeles, California.It was founded in September 2006 by Brandon Beck and Marc Merrill to develop League of Legends and went on to develop several spin-off games and the unrelated first-person shooter game Valorant.
Single-player, multiplayer. Genshin Impact [ a ] is an action role-playing game developed and published by miHoYo (with publishing outside mainland China under Cognosphere, d/b/a HoYoverse). It was released for Android, iOS, PlayStation 4, and Windows in 2020, and for PlayStation 5 in 2021, with an Xbox Series X/S version coming in November 2024.
Free Fire (video game) Free Fire. (video game) Free Fire is a free-to-play battle royale game developed and published by Garena for Android and iOS. [4] It was released on 8 December 2017. It became the most downloaded mobile game globally in 2019 and has over 1 billion downloads on Google Play Store.
Multiplayer. League of Legends (LoL), commonly referred to as League, is a 2009 multiplayer online battle arena video game developed and published by Riot Games. Inspired by Defense of the Ancients, a custom map for Warcraft III, Riot's founders sought to develop a stand-alone game in the same genre. Since its release in October 2009, League ...
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Dota 2 is a 2013 multiplayer online battle arena (MOBA) video game by Valve. The game is a sequel to Defense of the Ancients (DotA), a community-created mod for Blizzard Entertainment 's Warcraft III: Reign of Chaos. Dota 2 is played in matches between two teams of five players, with each team occupying and defending their own separate base on ...