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Fast Company's most innovative companies of 2013 include Tencent, Rovio, Activision, Microsoft

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Chinese media holding company Tencent, developer Rovio Entertainment, Activision and Microsoft have all made business and tech publication Fast Company's list of the 50 most innovative companies worldwide for 2013.

Tencent, which owns a minority stake in Gears of War developer Epic Games and is invested in League of Legends' Riot Games, makes the list at number 16, ranking slightly below Apple at 13. According to Fast Company, Tencent's "aggressive international rollout" and continued development of its WeChat social networking plug-ins have earned the company 300 million users in under two years.

Angry Birds and Bad Piggies developer Rovio enters the chart at 26 for the success of its apps and tie-in merchandise. Skylanders owner Activision sits at 41 due to the video game and figurine tie-in series' international success, which CEO Eric Hirschberg said in an earnings call last week was well on its way to becoming a billion-dollar franchise. Fast Company has placed Microsoft at 48 for its work on deepening viewer experiences with its SmartGlass app.

In Fast Company's individual grouping for the top 10 video game companies, Rovio tops the list with Tencent, Activision and Microsoft just behind. Nintendo is the publication's fifth highest-ranked company for its foray into "asymmetric gaming" with the Wii U. The list is rounded out by Ouya, developer Telltale Games for its work on The Walking Dead, Valve, Temple Run developer Imangi Studios "for pivoting into a freemium phenomenon" and Kabam for turning large profits with its Kingdoms of Camelot Facebook title.