Assassin’s Creed maker gets $1.25bn Chinese investment
Shenzhen-based Tencent, which owns the popular messaging app WeChat, will hold about a quarter of a new subsidiary.
Tag: Tencent
Ubisoft spins out subsidiary with a billion-dollar investment from Tencent
Ubisoft is continuing its efforts to course-correct after several challenging years. Today, the video game company announced that it will…
Tencent Music Entertainment Revenue Grew 8% to $1B in Q4 as Subscribers Reach 121 Million
Tencent Music Entertainment surpassed revenue of $1 billion in the fourth quarter, representing an 8.2% increase from the prior-year period,…
US designates Tencent a Chinese military company
China’s embassy in Washington branded the move as an “unreasonable suppression” of its firms.
The US just added Tencent to its list of ‘Chinese military’ companies
While the Chinese internet giant Tencent is best-known for its super-app WeChat, it’s also a major investor in U.S. tech…
Two directors of Epic Games, Tencent resign amid antitrust investigation
The US Department of Justice says it expressed concerns directors’ positions on two company boards violated Clayton Act.
