Leyou Tech

Admiralty, China Founded: 2011 • Age: 15 yrs Listed Acquired By Tencent
Developer and publisher of PC and console video games

About Leyou Tech

Leyou Tech is a Media & Entertainment company based in Admiralty (China) founded in 2011 by Alex Xu, and was acquired by Tencent in June 2022. Developer and publisher of PC and console video games. Leyou Tech has completed 2 acquisitions, including Digital Extremes and Splash Damage. Its chief executive, as recorded, is Alex Xu. Its focus areas include Gaming, PC & Console Gaming, Game Developers and PC & Console Games.

Company details

Leyou Technologies was founded in 2011 and is headquartered in Admiralty, China. The company operates in the video game industry, focusing on the development and publishing of PC and console titles. Free-to-play online multiplayer games are among its offerings, with notable projects including Plains of Eidolon, Survived Extremes, and WarFrame. Operations emphasize digital distribution and community engagement in the gaming sector.

  • Headquarters Admiralty, China
  • Founders Alex Xu
  • Stage Acquired
  • Sectors
    Media & Entertainment
  • Email
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  • Phone
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  • Website leyoutech.com.hk
  • Social LinkedIn
  • Acquired by Tencent (Jun 2022)
Key Metrics

Funding Insights of Leyou Tech

  • Total Rounds 1

All 1 funding rounds of Leyou Tech with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2020Post-IPO––
–
Valuation history

2 investors in total: 2 institutional.

Investors in Leyou Tech

Leyou Tech has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Tencent and Image Frame Investment.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Value-added internet, mobile, and telecom services are provided in China.
1998tencent.comShenzhen, China
imageframeinvestment.tcc.mode
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Investor details for Leyou Tech

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  • Round participation
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People of Leyou Tech

5 people are tracked at Leyou Tech (2 in leadership, 3 in team).

NameRoleGroup
Alex Xu
Founder & CEOLeadership
Xu Yiran
Chief Executive OfficerLeadership
Kristy
HRDTeam
Ryan Guo
招聘专员Team
百慧 于
HR ManagerTeam
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Investments & Acquisitions by Leyou Tech

Leyou Tech has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Digital Extremes and Splash Damage.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
AAA action games for consoles are developed by the studio.
splashdamage.comBromley Cross, United Kingdom2001Jul 2016$160M
Third-person shooter multiplayer games are developed for PC and consoles.
digitalextremes.comLondon, Canada1993Jun 2014$73.2M
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Complete acquisition details for Leyou Tech

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  • Deal sources
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  • Exports

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Timeline of Leyou Tech

7 dated milestones of Leyou Tech across 11 years, from founding to its latest funding, stage changes and deals.

  1. Founded Leyou Tech is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Acquisition Acquires Digital Extremes.
  4. Acquisition Acquires Splash Damage.
  5. Funding First funding round.
  6. Exit Acquired by Image Frame Investment.
  7. Exit Acquired by Tencent.
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Related news about Leyou Tech

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Frequently Asked Questions about Leyou Tech

Leyou Tech was founded in 2011 and raised its 1st funding round 9 years after it was founded.

Leyou Tech is headquartered in Admiralty, China. It is registered at Admiralty, Hong Kong, China.

Alex Xu is the CEO of Leyou Tech, as recorded in our data. They have also founded this company.

Leyou Technologies was founded in 2011 and is headquartered in Admiralty, China. The company operates in the video game industry, focusing on the development and publishing of PC and console titles. Free-to-play online multiplayer games are among its offerings, with notable projects including Plains of Eidolon, Survived Extremes, and WarFrame. Operations emphasize digital distribution and community engagement in the gaming sector.

Leyou Tech has made 2 acquisitions, including Digital Extremes, and Splash Damage.

Leyou Tech has 2 investors. Key investors include Tencent, and Image Frame Investment.

Yes. Leyou Tech was acquired by Tencent in June 2022.

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