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Garena was established by Forrest Li in Singapore in 2009. [8] In 2010, Riot Games awarded the publishing rights of League of Legends (LoL) to Garena, for the game’s first launch in Southeast Asia. [9] In November 2011, Garena announced its publishing rights for the team-based shooter game, Firefall, in Southeast Asia and Taiwan. [10]
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GKART, also known as QQ Speed or Speed Drifters,Zing Speed, is a massively multiplayer online kart racing game developed by TiMi Studio Group and published by Tencent Games and Garena. The game was originally released in China as QQ Speed in 2010 and gained enormous popularity in China, with a record number of 2 million players online at the ...
Also in 2012, Level Up! Brazil released Turma do Chico Bento, [4] their first game developed for social networking site, Facebook, at Level Up! Live 2012. Level Up! Games expanded into Latin America the same year. Level Up! Games was acquired by Asiasoft for 2.9 million dollars in 2014. [9]
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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.
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They can challenge others to head-to-head races to eliminate rivals. The player is disqualified if they either leave the safe zone after a given time limit, or lose a head-to-head race. After 10 players remain, head-to-heads will disable (any in course will be aborted) and a final sprint race will dictate the winners of the game mode. 2020