News
Gruby announces Tencent as its newest minority shareholder
The investment is intended to expand the games company, meanwhile its first title is slated to launch this month
Tencent (Page 2)
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Digital Confectioners receives Tencent investment
The games studio says the funding will go towards two new game development projects and staff expansion
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Shawn Layden joins Tencent as strategic advisor
Former Sony exec will "advise, assist, and support" the Chinese company as it "deepens" its games business
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Tencent takes minority stake in Mordhau studio Triternion
Investment will be used to grow the popular multiplayer game, as well as develop new IP
Feature
Yves Guillemot: "I think we are a company that can be proud of itself"
Ubisoft CEO on continuing efforts to fix a toxic culture, the latest from its blockchain ventures, and retaining independence after Tencent's recent investment
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Tencent increases investment in Ubisoft
Chinese outfit ups its stake in publisher by acquiring a minority piece of fellow shareholder Guillemot Brothers Limited, which owns almost 13% of Ubisoft shares
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Sony and Tencent acquire stakes in FromSoftware
Two firms take a combined 30% in Elden Ring maker
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Tencent sees Q2 revenue dip due to "post-pandemic digestion period"
International games division saw a 1% revenue decrease year-over-year; V Rising and Valorant said to have strong performances
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Tencent reportedly looking to raise stake in Ubisoft
Reuters sources say online giant could offer more than twice current share price to become publisher's largest shareholder
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Tencent and Logitech team up for new handheld cloud console
Device slated to launch later this year, retail price and images not yet revealed
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Fired Ubisoft director Ashraf Ismail now working for Tencent
Chinese giant says Ismail shows “an eagerness to learn and grow as a person” as he consults for TiMi Studios
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Tencent to shut down WeGame app
It won't be available to download from next week, before being retired in September
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Tencent taking global Honor of Kings as China continues to block its new releases
Regulators approve new title from Genshin Impact developer MiHoYo, but Tencent and rival Netease have not received a publishing licence in 11 months
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Games account for 32% of Tencent's $21.3bn Q1 revenues
Profits are down, execs expect slow approvals from Chinese game regulators to continue
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Tencent provides clarification on new subsidiary's business operations
Despite online rumors Tencent says "All games under Tencent will remain under the control of their original teams…"
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Tencent cutting off Chinese gamers' access to foreign games
May 31 update to internet acceleration app will only support games operating in China
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Tencent becomes majority investor in Rime developer Tequila Works
Fresh funding will be used to develop more original IP after work finishes on League of Legends spin-off
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Tencent acquires minority stake in Canadian studio Offworld Industries
Offworld hopes the investment will help it "build upon the live services of its successful FPS titles"
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Tencent pledges to become carbon neutral by 2030
Chinese company to switch to green energy fully by the end of the decade
Stub
Tencent joins Exit Plan Games' third investment round
SISU Game Ventures, Smok VC, One Two Play, and Venture Inc also contributed to the round
News
UK High Court approves Tencent's Sumo acquisition
$1.27 billion deal overcomes final hurdle as Chinese giant brings Sackboy developer into the fold
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Chinese regulators reapprove Tencent app updates
Government blocked the company from updating apps and releasing new ones last month
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Tencent buys Back 4 Blood developer Turtle Rock
Team remains independent under Phil Robb and Chris Ashton
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Tencent's Sumo acquisition continues following US national security investigation
CFIUS recommends measures to mitigate risks, takeover expected to be completed in January
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Tencent launches Level Infinite
Gaming giant's new publishing division aims to deliver "high-quality games to a global audience"