HomeGamesChinese tech giant Tencent reportedly increasing its stake in Ubisoft

Chinese tech giant Tencent reportedly increasing its stake in Ubisoft



Tencent is reportedly preparing to purchase a majority stake in Ubisoft.

According to anonymous sources cited by Reuters (opens in new tab), the Chinese gaming conglomerate is planning to raise its stake in the Canadian developer and publisher. It’s not actually clear how much of Ubisoft Tencent plans to purchase, but the report makes it clear the goal is to become the single largest stakeholder in Ubisoft, and Tencent has actually reached out to Ubisoft expressing its intent.

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