{"id":85115,"date":"2022-10-02T23:28:58","date_gmt":"2022-10-02T23:28:58","guid":{"rendered":"https:\/\/harchi90.com\/tencent-to-reportedly-focus-on-buying-majority-stakes-mainly-in-overseas-gaming-companies\/"},"modified":"2022-10-02T23:28:58","modified_gmt":"2022-10-02T23:28:58","slug":"tencent-to-reportedly-focus-on-buying-majority-stakes-mainly-in-overseas-gaming-companies","status":"publish","type":"post","link":"https:\/\/harchi90.com\/tencent-to-reportedly-focus-on-buying-majority-stakes-mainly-in-overseas-gaming-companies\/","title":{"rendered":"Tencent To Reportedly Focus on &#8216;Buying Majority Stakes Mainly in Overseas Gaming Companies&#8217;"},"content":{"rendered":"<div id=\"\">\n<p>Tencent is allegedly shifting its M&#038;A strategy to &#8220;aggressively&#8221; focus on &#8220;buying majority stakes mainly in overseas gaming companies.&#8221; <\/p>\n<p>As reported by Reuters, this change is in part due to Tencent&#8217;s attempt to battle the slowing growth in its home country of China.<\/p>\n<p><output class=\"article-video-container\"\/><\/p>\n<p>In the past, Tencent had focused on acquiring minority stakes in gaming companies as a passive financial investor, but this new initiative will see them seeking to own majority or &#8220;even controlling stakes&#8221; in companies outside of China.  Four people with knowledge of the matter have also said it may be primarily targeting &#8220;gaming assets in Europe.&#8221;<\/p>\n<p>Tencent, which is the &#8220;world&#8217;s number one gaming firm by revenue,&#8221; is additionally looking at companies that are working on the metaverse.<\/p>\n<p>Part of this plan showed its face in August when another report from Reuters said Tencent was wanting to become Ubisoft&#8217;s biggest shareholder and up its current 5% investment in the company behind Assassin&#8217;s Creed, Rainbow Six Siege, Far Cry, and more.  In early September, it raised its stake to 11%.<\/p>\n<section data-transform=\"object-feedback\"\/><output class=\"widget-container\"><button type=\"button\" style=\"display:none\" class=\"jsx-2337568644\"\/><\/p>\n<div class=\"jsx-862123036 slideshow-preview\">\n<p>Activision Blizzard Deal Compared to Other Major Acquisitions<\/p>\n<div class=\"jsx-862123036 images-container\"><button type=\"button\" aria-label=\"Open Slideshow\" class=\"jsx-862123036 hero-image\"><\/p>\n<div class=\"jsx-3600606818 aspect-ratio-container aspect-ratio-16-9\">\n<div class=\"jsx-3600606818 aspect-ratio-child\"><\/div>\n<\/div>\n<p><\/button><\/div>\n<\/div>\n<p><\/output><\/p>\n<p>This news also arrives in a time rife with major acquisitions, including Microsoft&#8217;s deal to purchase Activision Blizzard for $68.7 billion and Sony&#8217;s deal to purchase Bungie for $3.6 billion.<\/p>\n<p><em>Have a tip for us?  Want to discuss a possible story?  Please send an email to <\/em><em>newstips@ign.com<\/em><em>.<\/em><\/p>\n<p><em>Adam Bankhurst is a news writer for IGN.  You can follow him on Twitter <\/em><a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/AdamBankhurst\" target=\"_blank\"><em>@AdamBankhurst<\/em><\/a><em>  and ten <\/em><em>Twitch.<\/em><\/p>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tencent is allegedly shifting its M&#038;A strategy to &#8220;aggressively&#8221; focus on &#8220;buying majority stakes mainly in overseas gaming companies.&#8221; As reported by Reuters, this change is in part due to Tencent&#8217;s attempt to battle the slowing growth in its home country of China. In the past, Tencent had focused on acquiring minority stakes in gaming &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/harchi90.com\/tencent-to-reportedly-focus-on-buying-majority-stakes-mainly-in-overseas-gaming-companies\/\"> <span class=\"screen-reader-text\">Tencent To Reportedly Focus on &#8216;Buying Majority Stakes Mainly in Overseas Gaming Companies&#8217;<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[4],"tags":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack-related-posts":[{"id":85099,"url":"https:\/\/harchi90.com\/tencent-shifts-focus-to-majority-deals-overseas-gaming-assets-for-growth\/","url_meta":{"origin":85115,"position":0},"title":"Tencent shifts focus to majority deals, overseas gaming assets for growth","date":"October 2, 2022","format":false,"excerpt":"HONG KONG, Oct 1 (Reuters) - Tencent is resetting its M&A strategy to put more focus on buying majority stakes mainly in overseas gaming companies, as the tech giant eyes global expansion to offset slowing growth at home in China, people with direct knowledge of the matter said.Tencent Holding Ltd\u2026","rel":"","context":"In &quot;Technology&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":67359,"url":"https:\/\/harchi90.com\/sony-tencent-netease-continue-deal-hunt-to-expand-new-formats-markets\/","url_meta":{"origin":85115,"position":1},"title":"Sony, Tencent, NetEase continue deal hunt to expand new formats, markets","date":"September 6, 2022","format":false,"excerpt":"Revenue from mobile games accounts for more than half of the mobile gaming market. Sony is looking to diversify beyond consoles with its new dedicated PlayStation mobile gaming division.Mateusz Slodkowski | SOPA Images | LightRocket via Getty ImagesSonySony's PlayStation has dominated the gaming console market for a long time.But the\u2026","rel":"","context":"In &quot;Technology&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":35282,"url":"https:\/\/harchi90.com\/exclusive-tencent-seeks-bigger-stake-in-assassins-creed-maker-ubisoft-sources\/","url_meta":{"origin":85115,"position":2},"title":"EXCLUSIVE Tencent seeks bigger stake in &#8216;Assassin&#8217;s Creed&#8217; maker Ubisoft -sources","date":"August 4, 2022","format":false,"excerpt":"HONG KONG, Aug 4 (Reuters) - Tencent Holdings Ltd (0700.HK) plans to raise its stake in French video game group Ubisoft Entertainment SA (UBIP.PA) as the Chinese gaming giant pivots to the global gaming market, four sources with direct knowledge of the matter told Reuters.China's largest social network and gaming\u2026","rel":"","context":"In &quot;Technology&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61961,"url":"https:\/\/harchi90.com\/tencent-sony-to-take-stake-in-elden-ring-publisher-fromsoftware\/","url_meta":{"origin":85115,"position":3},"title":"Tencent, Sony to take stake in &#8220;Elden Ring&#8221; publisher FromSoftware","date":"August 31, 2022","format":false,"excerpt":"Register now for FREE unlimited access to Reuters.comregisterTOKYO, Aug 31 (Reuters) - Units of Tencent and Sony will take minority stakes in FromSoftware Inc, publisher in Japan of hit action role-playing title \"Elden Ring\", via a third-party allotment of new shares, FromSoftware parent Kadokawa Corp (9468.T) said on Wednesday.Following the\u2026","rel":"","context":"In &quot;Technology&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":36338,"url":"https:\/\/harchi90.com\/square-enix-reportedly-looking-to-sell-off-stakes-in-some-of-its-remaining-studios\/","url_meta":{"origin":85115,"position":4},"title":"Square Enix Reportedly Looking to Sell Off Stakes in Some of Its Remaining Studios","date":"August 5, 2022","format":false,"excerpt":"Square Enix is \u200b\u200breportedly looking to sell off stakes in some of its wholly-owned development studios, and has said that Crystal Dynamics and Eidos Montr\u00e9al were sold because they \"cannibalized\" from the wider group.reported by games industry analyst David Gibson out of Square Enix's latest earnings call, the publisher reportedly\u2026","rel":"","context":"In &quot;Technology&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62302,"url":"https:\/\/harchi90.com\/tencent-and-sony-acquire-30-of-elden-ring-maker-fromsoftware\/","url_meta":{"origin":85115,"position":5},"title":"Tencent And Sony Acquire 30% Of Elden Ring Maker FromSoftware","date":"September 1, 2022","format":false,"excerpt":"Image: FromSoftwareElden Ring wasn't just a hit with fans of FromSoftware's notoriously difficult action-RPGs. Today Tencent Holdings and Sony announced they've acquired 30% of the Souls-series developer's shares, split in favor of Tencent. FromSoftware is expected to gain $260 million from the arrangement.today's announcement from FromSoft's parent company Kadokawa Revealed\u2026","rel":"","context":"In &quot;Technology&quot;","img":{"alt_text":"Humble Bundle's Summer Sale","src":"https:\/\/i0.wp.com\/i.kinja-img.com\/gawker-media\/image\/upload\/c_fill,fl_progressive,g_center,h_180,q_80,w_320\/679a6f1eacbae3285cf9105ce190cadd.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"fifu_image_url":"https:\/\/assets-prd.ignimgs.com\/2022\/10\/02\/pubg-battlegrounds-blogroll-1280x720-1640032972867-1664736387017.jpeg?width=1280","_links":{"self":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts\/85115"}],"collection":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/comments?post=85115"}],"version-history":[{"count":0,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/posts\/85115\/revisions"}],"wp:attachment":[{"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/media?parent=85115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/categories?post=85115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/harchi90.com\/wp-json\/wp\/v2\/tags?post=85115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}