Tencent's Q4 2024 shows revenue and earnings growth, but challenges in gaming and AI raise concerns. Read here for key ...
Investors might want to bet on Tencent Holding Ltd. (TCEHY), as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings ...
The separate entity is funded by a $1.25 billion investment (a 1.16 billion transaction in euros for the France-based Ubisoft) from gaming company Tencent, which will take a minority stake in the ...
The deal, unveiled this week, includes a $1.25 billion investment from Tencent for a 25% minority stake in the new subsidiary. The subsidiary will also have its own board of directors and a ...
Tencent will invest $1.3 billion in a new entity controlling Assassin’s Creed, Far Cry, and Tom Clancy’s Rainbow Six. Tencent will invest $1.3 billion in a new entity controlling Assassin’s ...
Ubisoft on Thursday announced that it's creating a new gaming subsidiary with Chinese technology giant Tencent investing 1.16 billion euros ($1.25 billion) into the unit. The subsidiary will focus ...
The agreement with Tencent follows Ubisoft exploring and assessing different strategic options as announced earlier in 2025. After careful consideration of several expressions of interested from ...
The division is funded by a $1.25 billion investment from gaming company Tencent. “Today Ubisoft is opening a new chapter in its history,” said, Yves Guillemot, Co-Founder and Chief Executive ...
Tencent’s investment will give it a 25% stake in the new unit and is expected to go through by the end of the year. Ubisoft’s new unit notably leaves out several other franchises it has ...