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Tencent will be a minority shareholder in the new venture, which is expected to be completed by the end of 2025.
Chinese tech titan Tencent is set to invest $1.25 billion in French video game maker Ubisoft, in exchange for a 25% stake in ...
Even after the success of Assassin’s Creed Shadows, it looks like Ubisoft is going through with its plans for ...
There’s been a lot of chatter about the state of Ubisoft and the company’s future, and Tencent’s name has been floated as a ...
Ubisoft is spinning off some of its top franchises, including "Assassin’s Creed," "Far Cry" and "Rainbow Six," into a new ...
Ubisoft has announced that it has formed a partnership with Tencent to create a brand-new subsidiary housing their biggest ...
Tencent has invested $1.25 billion in a new Ubisoft operating division that includes the core games Assassin’s Creed, Far Cry and Tom Clancy’s Rainbow Six brands. Ubisoft, the French video game giant ...
French videogame maker Ubisoft said on Thursday it has set up a subsidiary in which China's Tencent will invest 1.16 billion ...
Tencent's investment in the new subsidiary values it at €4 billion, implying a four-times multiple based on its average sales ...
Tencent Holding Ltd. (OTC:TCEHY – Get Free Report) dropped 0.9% during trading on Wednesday . The company traded as low as $63.90 and last traded at $64.02. Approximately 1,278,871 shares traded hands ...
Chinese tech giant Tencent will invest €1.16 billion ($1.25 billion) for a 25% stake in the newly formed unit, which will ...
The Chinese video game company will be investing €1.16 billion (approximately 25%) for a "minority stake in the new ...