Tag: Tencent
News Guillemot Family And Tencent May Move Select Ubisoft Assets To New Venture
Is Ubisoft in the endgame..?
A new report from Bloomberg reveals that the Guillemot family and Tencent may currently be in talks to move select Ubisoft assets over to a brand-new venture (thanks, VGC). Following a lengthy period in which Ubisoft has struggled in the midst of a rapidly declining share price, the move is supposedl
News Nintendo Switch Online Services Will End In China In 2026
Tencent pulls the plug
Tencent Nintendo Switch has announced that online services for the Switch will come to an end in China in 2026. In a statement released online (thanks, Chinese Nintendo), the company states that eShop purchases will cease on 31st March 2026. Following this, code redemptions will then be shut down on 15th May 2026 alongside...
News New Pokémon Snap Is The First Official Pokémon Release In China Since 2000
Albeit with some minor alterations
After China finally ended the complete ban on the production, import, and sales of video game consoles, in effect from 2000 to 2015, its doors were opened to the official release of Nintendo titles. Although the Switch itself would be subject to several alterations in the country to effectively region-lock the...
News Tencent Becomes 'Dying Light' Developer Techland's Majority Shareholder
"I want the best for our games, the team, and you"
Techland, the developer behind the first-person zombie title Dying Light, has gained a majority shareholder in Chinese conglomerate Tencent. Announced via a blog post by CEO Pawel Marchewka, Techland will reportedly "retain full ownership of our IPs, maintain creative freedom, and continue to...
News Tencent Acquires 49.9% "Minority Passive Stake" In Ubisoft Founder's Company
Gets 5% voting rights in Guillemot Bros. Ltd
In the latest round of video game firm acquisition news, Ubisoft has announced that Tencent has acquired "a 49.9% economic stake with 5% voting rights in Guillemot Brothers Limited", Ubisoft's largest shareholder and a company formed by Ubisoft's CEO and founder Yves Guillemot and his family. In a press...
News Tencent Acquires Majority Shareholding Of RiME Developer Tequila Works
"Allows us to make Tequila Works a stronger studio"
Tencent has been consistently making headlines in recent months with its continuing expansion in the gaming industry through acquisitions and investments. Recent acquisitions include the developer behind Ninjala, and it also confirmed a minority shareholding in Playtonic Games last November. Those...
News Playtonic's Original Yooka-Laylee Game Is Getting A Follow-Up Title
A new adventure is on the way
In a bit of a shock announcement earlier this week, Playtonic - the UK developer comprised of former Rare veterans and known for titles such as Yooka-Laylee - revealed Chinese video game giant Tencent had acquired a minority stake in the business. If it's got you wondering what's to come, in an interview with friends...
News Playtonic Announces Tencent Investment And Major Expansion Plans
"Things are going to get Bat Ship Crazy over the next few years"
Playtonic has undergone rapid expansion since its initial Kickstarter success with Yooka-Laylee over six years ago, with a number of Rare veterans on board. It followed that up with the rather good Yooka-Laylee and the Impossible Lair, before delving into publishing last year with...
News Tencent Acquires Studio Behind Samurai Jack And Ninjala
A purchase that was kept quiet
It's well known that Tencent has been acquiring shares in a broad range of game publishers and developers, increasing its investments and influence in the industry. While a lot of those moves have been public, Bloomberg is reporting that Tencent quietly acquired 90% of Japanese company Wake Up Interactive group in...
Announced for 'multiple platforms'
Tencent Games has announced that TiMi Studio Group is working on an open-world RPG based on the popular Honor of Kings smartphone game (known as Arena of Valor in the west). Honor of Kings: World is being created in collaboration with acclaimed Chinese science-fiction writer Liu Cixin, who is most famous for...
News Tencent Reportedly Planning To Acquire Crytek Through Subsidiary
Though it's 'not a secret' that Crytek is talking to potential buyers
Tencent is an increasingly powerful influence in media and entertainment business around the world, making investments and acquisitions in various major brands. As one of China's most prominent corporations it also provides a gateway into that market; notably Nintendo teamed up...
News Tencent Has Patented Its Own Handheld Console, And It Looks A Lot Like A Nintendo Switch
Tencent previously helped distribute the Switch in China
Tencent's been making a name for itself in Nintendo circles in recent years. As it continues working on Pokémon Unite through TiMi Studios, the Chinese tech giant also obtained exclusive distribution rights for the Switch launch in China back in 2019. Now, if a recent patent is to be...
Random Think You've Got What It Takes To Become A Pokémon Consultant? Then Tencent Might Choose You!
Chinese video game giant needs to fill 19 positions
As you might recall, TiMi Studios - a subsidiary of Chinese conglomerate Tencent Games, is working with The Pokémon Company on the upcoming release Pokémon Unite for Switch and mobile devices. As a result of everything going on between these companies at the moment, Tencent currently has 19...
Tencent becomes the primary shareholder
Japanese developer and publisher Marvelous has announced that it is set to enter into a 'capital and business alliance' with Image Frame Investment, a wholly-owned subsidiary of Chinese tech giant, Tencent (thanks, Famitsu). The decision to team up with Tencent - the company which helped Nintendo to launch...
News You'll Want To Avoid Importing Physical Switch Games From China
Region-locking returns
The Nintendo Switch appears to have had a pretty solid start in China with an estimated 50,000 sales being generated on its launch day last month, but this new Tencent-distributed model does have a couple of limitations compared to the Switch consoles already on the market worldwide. We've already seen that Chinese Switch...
News Switch Estimated To Have Sold More Than 50,000 Units On Launch Day In China
Welcome to club
Update - Thu 12th Dec, 2019 02:00 GMT: Following on from last week's Switch pre-order data for China, Niko Partners now estimates "more than 50,000" Nintendo Switch Console (Tencent China Version) were sold to consumers in the country on launch day. This data comes from online retailers and Niko's own market model. Online retailer...
News Nintendo Switch To Officially Launch In China Next Week
The Chinese market opens at last
Tencent, Nintendo's regional partner in the Chinese market, has finally revealed the Switch will launch on 10th December for the recommended retail price of RMB 2,099 (US$300). Additionally, games will be priced at RMB 299 (~$42), which is typical for the region. This particular model will come bundled with New Super...
News Chinese Nintendo Switch Packaging Appears Online Ahead of Release
The Chinese market prepares for the Switch
As you may already know, the Chinese company Tencent is preparing for a Nintendo Switch launch in the Chinese market. Images have now appeared online for packaging of the Nintendo Switch and accessories for the Chinese market. These products include: Nintendo Switch with Neon Joy-Cons Nintendo Switch...
News Chinese Video Game Giant Tencent Wants To "Create Console Games With Nintendo Characters"
And appeal to players overseas
Earlier this year in April, Tencent was given the approval to start selling the New Super Mario Bros. U Deluxe Switch bundle in mainland China. The news saw Nintendo's shares increase by more than 13 percent and Tencent followed this up by forming a "Nintendo cooperation department" to help manage the launch. Since...
News Tencent Is Reportedly Hiring Switch Port Specialists
Part-owners of Fortnite and PUBG also working with Nintendo
It's fair to say that giant Chinese conglomerate Tencent has its fingers in a lot of pies, video game-related and otherwise. The holdings company owns stakes in a large number of game companies across the globe including League of Legends developer Riot Games (which it fully owns), Epic...
News Nintendo And Tencent Share More Details About Switch Launch In China
Mario Odyssey and Breath of the Wild confirmed
Nintendo's plans to introduce the Switch and its games to the Chinese market appears to have taken another positive step today as the company, along with partner Tencent, have revealed more concrete plans. The information comes from a press event hosted at the ChinaJoy gaming conference in Shanghai...
News Chinese Video Game Giant Tencent Forms New "Nintendo Cooperation Department"
Making the Switch
In April, Tencent was given the approval by the Department of Culture and Tourism of Guangdong Province to start selling the New Super Mario Bros. U Deluxe Switch bundle in mainland China. The news saw Nintendo's shares surge by more than 13%, which was the highest they've been since October 2018. The latest update is courtesy of...
News Chinese Video Game Giant Tencent Reportedly Gives Up On Arena Of Valor
That was quick
The Chinese video game giant Tencent has reportedly given up on its MOBA game Arena of Valor here in the west. Just months after the release of the game on the Switch eShop, the marketing teams located in the US and Europe are believed to have been disbanded. This localised version of Honor of Kings has struggled to compete since it...
News Nintendo Shares Soar After Word Spreads Tencent Will Distribute The Switch In China
Expanding its market reach
Yesterday, a report from The Wall Street Journal revealed Nintendo had submitted an official request to the Chinese government to sell the Switch within the country. Part of this request was a partnership with Tencent Holdings - one of China's biggest tech and gaming companies. In the latest update, Tencent has now been...
News Nintendo Appears To Be Making Positive Steps Towards Breaking Into The Chinese Market
A potentially lucrative plan
The Chinese video game market has been considered to be something of a potential gold mine for a while now; there's a huge audience of gaming fans residing in the country and, as of yet, no major console manufacturer has really asserted any kind of dominance there. As Nintendo has explained in the past, though, breaking...
News Nintendo Share Value Hits 9 Year High as Hopes Build for a Breakthrough in China
Driven by Tencent's Arena of Valor announcement
When Arena of Valor was announced for the Switch in last week's Direct, we think it's fair to say that a number reading these pages simply shrugged. A free-to-play MOBA that made its name on mobile heading to the Switch as a Beta this year, it arguably wasn't among the biggest announcements in the...
