Tencent

News

Tencent and Guillemot Brothers' Ubisoft buyout reportedly held up by dispute over control

Guillemot family hopes to retain leadership while Tencent vying for greater influence over future board decisions

Dec. 9, 2024 James Batchelor

News

Tencent acquires majority stake in Kuro Games

Developer will continue to work independently as a subsidiary of the games firm

Dec. 2, 2024 Sophie McEvoy

Opinion

Nintendo Switch ending online support exposes fragility of gaming partnerships in China | Opinion

Daniel Camilo explains how, in the end, consumers get the short end of the stick

Nov. 28, 2024 Daniel Camilo

News

Tencent confirms layoffs at Sharkmob London

It's unclear how many employees will be affected by the decision

Nov. 7, 2024 Sophie McEvoy

News

Tencent rebukes layoff and restructuring rumours but admits changes at the top of the company

Reports that it is laying off 20% of its gaming staff have similarly been denied

Oct. 28, 2024 Vikki Blake

News

Tencent and Guillemot family reportedly planning Ubisoft buyout

Update: Ubisoft responds to reports, says it "regularly reviews all its strategic options"

Oct. 7, 2024 James Batchelor

News

Tencent loans €15m to Remedy

Funding will support ongoing development and self-publishing efforts

Sept. 27, 2024 Sophie McEvoy

Feature

Tencent expands Venture Lab initiative to better support early-stage developers worldwide

"A lot of the biggest successes start with a small studio," says team lead Juno Shin

Aug. 22, 2024 James Batchelor

News

Tencent wins Gamescom's 2024 sustainability award

The award celebrates organisations that demonstrate public commitments to sustainable values

Aug. 20, 2024 Vikki Blake

News

Tencent is shutting down its free-to-play shooter Synced after just a year

Servers will be "retired" a year to the day the shooter was launched

July 11, 2024 Vikki Blake

News

Dungeon & Fighter Mobile earns $270m in first month of China release

Nexon's title earned double that of Tencent's best-selling game Honor of Kings

June 26, 2024 Sophie McEvoy

News

Tencent raises its stake in Remedy to 14%

The increase comes three years after the firm first acquired 3.8% of the studio back in 2021

April 29, 2024 Jeffrey Rousseau

News

Tencent reportedly takes over two ByteDance games teams

The companies have allegedly merged to form a new Shenzhen-based studio

March 14, 2024 Sophie McEvoy

News

Tencent acquires controlling stake in Swords of Legends dev Wangyuan Shengtang

Chinese games giant now owns over 94% of the Beijing developer, gains access to IP

Feb. 6, 2024 James Batchelor

News

Tencent slashed investments in 2023

World's largest gaming company only made 39 deals last year, compared to 299 in 2021

Jan. 16, 2024 James Batchelor

News

Tencent closes shop on Team Kaiju

The US studio was dissolved as many of its members were moved to other projects

Dec. 18, 2023 Jeffrey Rousseau

News

Report: Meta pens deal with Tencent to sell VR headsets in China exclusively

The agreement will mark the firm formerly known as Facebook’s return in 14 years

Nov. 13, 2023 Jeffrey Rousseau

News

Tencent to become majority shareholder of Techland

The Dying Light maker will retain control of its IPs and Pawel Marchewka will continue to be CEO

July 24, 2023 Jeffrey Rousseau

News

LightSpeed Studios acquires UK developer Lucid Games

The Tencent Games subsidiary purchased the studio for an undisclosed amount

July 14, 2023 Sophie McEvoy

News

Tencent investment marks "new beginning" for UK studio Lighthouse Games

"The shackles are off," CEO Gavin Raeburn tells us as former Playground Games studio director continues work on new AAA IP

July 5, 2023 James Batchelor

News

Tencent leads data.ai's Top Publisher Awards 2023 for the global mobile market

Among the top 50 publishers for 2022, 27 are based in the Asia Pacific, 12 in China, and 17 within the US

June 29, 2023 Jeffrey Rousseau

News

China's games market reached $45.5bn in 2022

Tencent and NetEase represented 61% of the domestic PC and mobile market in 2021, but combined share in decline

June 7, 2023 Marie Dealessandri

News

Sega and Tencent bow out of E3

Update: Devolver also skipping its usual "satellite events" around E3

March 29, 2023 Jeffrey Rousseau

News

China games trade body calls for more restrictions on minors playing video games

Tencent pledges further measures in its games

Feb. 14, 2023 James Batchelor

News

The Chinese government is set to take shares in Tencent

The "golden shares" are normally a one percent stake and include the ability to vote on business decisions

Jan. 13, 2023 Jeffrey Rousseau