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Category Tencent

Tencent gives Ubisoft $1.3B boost in Vantage Studios acquisition

Tencent gives Ubisoft $1.3B boost in Vantage Studios acquisition

Tencent invests $1.3B to acquire a 26% stake in Vantage Studios, Ubisoft’s new unit for flagship franchises.
Ubisoft delays earnings report after audit flags revenue errors

Ubisoft delays earnings report after audit flags revenue errors

Ubisoft announced a delay in the release of its earnings report due to some mistakes found during an audit. A mistake in Ubisoft’s records discover...
Tencent Holdings shares rose steadily as gaming revenues and investor confidence drove a substantial market rebound

Tencent Holdings shares rose steadily as gaming revenues and investor confidence drove a substantial market rebound

Tencent Holdings shares rose steadily as gaming revenues and investor confidence drove a substantial market rebound in 2025.
China lowers data centre power costs for major tech firms

China lowers data centre power costs for major tech firms

China reduced power bills for large data centers run by ByteDance, Alibaba, and Tencent to support the production of local AI chips.
Jack Ma’s Ant Group expands into Latin America with fintech push

Jack Ma’s Ant Group expands into Latin America with fintech push

Ant Group is investing in Latin America by partnering with lending company R2 to help small businesses get credit.