Chinese company Tescent owns 40% of Epic Games

Updated:01:22 AM CEST Aug,30

NEWS / RSS
CHEATS

REVIEWS

ARTICLES

HARDWARE

DEMOS

FORUMS

LINKS (new)

CONTACT

Please e-mail us if you have news.

Gameguru Mania News - Apr,06 2019 -

Chinese company Tescent owns 40% of Epic Games - briefly
(hx) 03:32 PM CEST - Apr,06 2019 - Post a comment / read (10)
The Epic Games Store is currently suffering from what people in the industry call "an image problem." Despite challenging the Steam monopoly with a more generous revenue split for publishers and developers, the Epic Games Store has a vocal contingent of critics. They allege that the Epic Games Store is poorly designed and lacking in features, fair criticisms, actually. But perhaps most stunningly some have gone as far to say that the Epic Games Store is literal spyware. Not in a cheeky way either, but that Epic is a conduit for the Chinese government to spy on players. Here's a string of Tim Sweeney tweets on the topic: I support everyone’s right to complain about tech industry stuff. Epic’s store, with exclusive games and a spartan feature set, is a fine target for ire. But please help separate facts and opinions from the lies about spyware and foreign control.

I’m the controlling shareholder in Epic Games, and have been since 1991. We have a number of outside investors now. Tencent is the largest. All of Epic’s investors our friends and partners. None can dictate decisions to Epic. None have access to Epic customer data.

Tencent is a Chinese company founded in 1998. CEO Pony Ma and the other co-founders played a lot of Unreal Tournament back then, and visited Epic in the early 2000’s. In 2012 Epic was looking to move to online games, and we invited Tencent in as an investor to help us.

I’ve never regretted it, and the recent anti-China rage doesn’t change that even slightly, as its completely unfounded. Epic has only had positive interactions with Tencent at all levels.

All of Epic’s big decisions are made here in the USA and as CEO I’m 100% responsible for them. I’m grateful for everyone who has spoken in support. I also read and respectfully consider all dissenting arguments of fact and principle. Just please keep it real.
And now compare Tim Sweeney's claims with REAL LIFE. Gameguru reader Tom recently posted this: Just a FYI.. I bought on Epic game store.. almost a week from the day I bought, I been regularly receiving phone calls from people talking in Chinese. My phone number @ home is private and the only time I give it is when I buy something/create an account somewhere/credit card. Super rare I get an unwarranted call. A wrong number maybe..

My guess is Epic sold my info. Wayyyy to coincidental. I've so far blocked 6 phone numbers all of which are people talking in Chinese. I since removed any credible/personal information on my Epic account and keeping an eye on my credit card too.

Think about it when you go buy on Epic. I wont be making any other purchases on Epic store. So I guess I'll be waiting even longer for this game.
Just for you info, one of the largest video game companies in the world, Tencent owns 40% of Epic Games — a fact cited by English speaking netizens as reason for concern. Nevermind that Tencent also owns sizable chunks of other game companies including Ubisoft, Activision-Blizzard, Riot Games, Paradox, and more, many of which also offer their own video game launchers with exclusives.

Tencent, like almost all of China's biggest companies, has a close relationship with the Communist government of China. This relationship has been used by various agencies to accuse Chinese enterprises of being tools of the Chinese government for espionage. It's hardly new in the tech space as Chinese companies like Huawei are regularly cited as selling unsafe hardware which the Chinese government can spy in on.

last 10 comments:

Tom	(06:53 PM CEST - Apr,06 2019 )
Tim is a dick. I've blocked 6 numbers so far. 2 days without calls now.

gx-x	(06:59 PM CEST - Apr,06 2019 )
I don't doubt you Tom. Then again, Tencent is a huge company. I play path of exile, I played Aion and some other tencent games and have made purchases in almost all of those games. Never had a phone call from China or w/e. What I am trying to say: Goddamn Epic is selling user data! :D

Tntdruid	(10:08 PM CEST - Apr,06 2019 )
Tom> Tim is a dick. I've blocked 6 numbers so far. 2 days without calls now. Why did you add your phone number? I alwaya use 12345678 for that

gx-x	(12:57 AM CEST - Apr,07 2019 )
Tntdruid> Tom> Tim is a dick. I've blocked 6 numbers so far. 2 days without calls now. Why did you add your phone number? I alwaya use 12345678 for that so just in case some companies are breaking the law or/and are general scumbags, we should lie and cheat too? why not just use credit card number 1111 2222 3333 4444 just in case?

Csimbi

(09:15 AM CEST - Apr,07 2019 )

I do hope it serves as an eye-opener for a lot of people.

I take it you guys are in countries where GDPR does not apply (like US and Canada where it's common practice to sell and misuse private data). Otherwise you would already be suing Epic instead of bitching around.

Well, guess what. In China and a lot of other countries, it's common practice to steal data.
You have to ask yourself: what's your privacy worth, really?

Do not call lists are not a solution - they are a workaround to prevent your harassment leveraging data you already lost.

Serhat	(09:27 AM CEST - Apr,07 2019 )
Deleted just because i didn't want to start a flame war here.

gx-x

(09:34 AM CEST - Apr,07 2019 )

Serhat> Sorry but what Tom says is misleading. I'm using epic launcher since first day as a developer and bought more than 10 products worth hundreds of dollars and never got any calls or emails til today. Don't forget that epic launcher is maybe 5 years old and millions of developers already using it.

Also like other epic products, epic launcher user data statistics code source is open. If you are not a gamer who doesn't know any idea about by looking through code and only crying just because some games are being exclusive to epic store, sorry you are not the first user of it. As I know more than 5 million developers already uses it, including AAA studios.

Please stop crying just because exclusive games. If you really doubt about your user data just look at code, or find someone who can understand code before crying about it with lies.

Nobody was crying til some games went exclusive on it.

And for the sake of god, which Chinese company would buy data of a user doesn't know Chinese and call him? Very logical statement you have there. But ggmania publish this kind of comment without doubt and thinking on their news. Sorry Tom, you are not the first user of epic launcher. Don't behave like that.

looks to me like you have no idea what you are talking about. All your points are false. I very much doubt you are who you say you are.

quote:
Epic announced its own Epic Games Store, an open digital storefront for games, on December 4, 2018, which launched a few days later with The Game Awards 2018 presentation.

we are talking about this and them. Store has it's launcher (for the store). It's not even 1 year old. I wont even bother to dismantle your other crap.

Serhat	(09:57 AM CEST - Apr,07 2019 )
Deleted just because i didn't want to start a flame war here.

Serhat

(10:00 AM CEST - Apr,07 2019 )

Please check some technical information or find someone who knows coding if you still doubt to check their user statistics share code.

https://forum.facepunch.com/general/bvnqr/Epic-Games-Store-Is-Shit-But-It-s-Not-Spyware/1/

As a user of epic launcher for 5 years, that doesn't happen. Epic is really helpful to developers, and this will start to be helpfull also to users on price side in couple of years probably.

gx-x	(11:33 AM CEST - Apr,07 2019 )
we are talking about epic store launcher that came out December 2018. You are using something else. End of discussion.

All comments

Add your comment (free registration required)

Related news:

Lexar Drops $592 DDR5-7200 Kit With Chinese DRAM - tech (Aug 03 2026)

Chinese Indie Team Unveils CoD-Style WWII FPS: 'Fourteen Years of Flames' - briefly (Jul 09 2026)

Chinese SSDs are now starting to appear in mainstream laptops - tech (Jul 06 2026)

Chinese-Made Auto-Paint Hack Ruins Popular Tag Game - briefly (Jul 06 2026)

Chinese Company Sells $688 Clone of Valve's New Steam Machine - briefly (Jun 28 2026)

Chinese GPU Sells 30K Units in 48 Hours Despite Weak Benchmarks - tech (May 25 2026)

Chinese RAM Enters Corsair DDR5 Modules - tech (May 22 2026)

Russian-Chinese CPU Runs The Witcher 3 at Up to 38 FPS - tech (Apr 27 2026)

Chinese AI Studios Produce Full TV Episodes with ByteDance's Seedance 2.0 - briefly (Mar 09 2026)

Apple Eyeing A Partnership With Chinese Memory Makers YMTC And CXMT As The Big Three Adopt Hardball Tactics - tech (Feb 18 2026)

Black Myth: Zhong Kui 'Chinese New Year 2026' trailer - movie (Feb 10 2026)

Chinese mythology action RPG Genigods: Nezha announced - briefly (Jan 31 2026)

The Rise of Chinese Memory - tech (Jan 25 2026)

Chinese Robots CONQUER the World at Hi-Tech Fair 2024 - tech (Dec 01 2024)

Chinese fantasy action RPG Redemption of Liuyin announced - briefly (Nov 08 2024)

Chinese action RPG Fate Seeker II coming to PS5 on July 4 - briefly (Jun 22 2024)

Chinese roguelike action game Warm Snow coming on October 20 - briefly (Oct 01 2023)

Chinese action RPG Phantom Blade Zero announced - briefly (May 25 2023)

Bright Memory: Infinite 'Chinese New Year Update' now available - briefly (Jan 17 2023)

Chinese action RPG Faith of Danschant: Hereafter gameplay - movie (Aug 11 2021)

Chinese GPU miners buying Nvidia laptops to mine Ether - tech (Feb 15 2021)

Black Myth: Wukong Chinese New Year Greetings trailer - movie (Feb 09 2021)

Apple Pulls Over 8,000 Games From Chinese App Store - briefly (Jul 11 2020)

Chinese government halts new game approvals - briefly (Feb 20 2019)

Overcooked! 2 - Chinese New Year Update Trailer - movie (Feb 05 2019)

We GOT the Chinese Game Console!! - console (Jan 28 2019)

Chinese PUBG Cheat Creators Arrested - briefly (Jan 17 2018)

TechNews-Life Inside a Secret Chinese Bitcoin Mine - tech (Feb 07 2015)

Chinese Gamers Face U.S. Troops In Latest Game - briefly (May 19 2011)

Chinese claims success against game addiction - briefly (Mar 22 2009)

Chinese gamer sentenced to life - briefly (Jun 08 2005)

related cheats/trainer:

Links

Search results for -company- :

Red Button Entertainment - The company was co-founded by Rob Rafei, formerly the long time art director at Naughty Dog. The new company will concentrate on developing new game concepts and describes itself as wanting to be the "United Artists of games (2944 hits)
Octagon Music Productions - This company has created the audio for games such as Colin Mcrae Rally 1+2, Toca Touring Car series, Sydney 2000, 007 Racing and F1 World Grand Prix 2000 (2287 hits)
Fifth Dimension - the gaming company from Ukraine (1723 hits)
The Atari Time Machine - Atari company and product information. Member of the Atari Historical Society. (1392 hits)
Starbreeze Studios - The company is currently developing Enclave, a first person shooter for multiple platforms, and Epsilon, an RTS title (1328 hits)
Shadow Company - This real-time tactical action game lets you take over command of an elite force of mercenaries (1269 hits)
Company of Heroes 2 - official website (1146 hits)
Battlefield: Bad Company (PS3/Xbox 360) - first entry in the long-running first-person series to focus on environment destruction (840 hits)
Spacetime Studios - Texas based company was formed by veterans of Sony Online's Star Wars Galaxies team along with people from the now defunct Origin (Privateer, Wing Commander). (814 hits)
East India Company - naval real-time strategy game set in the 18th century developed by Finnish developer Nitro Games (800 hits)
East India Company - action adventure set on 18th century high seas and has exceptionally strong storyline (793 hits)
Battlefield Bad Company 2 - features the same modern day setting as the original title (707 hits)
Arma 2: Private Military Company - Private Military Company to operate in Takistan! (690 hits)
Battlefield: Bad Company 2 Vietnam - 5 Brand New Maps: From the rice fields of the Phu Bai Valley to the napalm scorched earth of Hill 137, five distinct Vietnam-based maps each bring a fresh visual and gameplay experience. (646 hits)