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Tencent related news and articles

Games market in China totaled over $45 billion in 2022

Games market in China totaled over $45 billion in 2022

In 2022, the Chinese games market reached a total of $45.5 billion in earnings, from the combined PC, console, and mobile platforms.


UK High Court approves Sumo Group’s acquisition by Tencent

UK High Court approves Sumo Group’s acquisition by Tencent

High Court of Justice in England and Wales has sanctioned the acquisition of Sumo Group by the Chinese company Tencent.


Tencent acquires Turtle Rock Studios

Tencent acquires Turtle Rock Studios

Tech giant Tencent has now acquired Turtle Rock Studios, the developer of the major success that has been Back 4 Blood.


Eight mobile games made more than $1 billion this year

Eight mobile games made more than $1 billion this year

Data firm Sensor Tower reported that eight different mobile games had generated more than $1 billion in 2021.


Tencent launches Level Infinite

Tencent launches Level Infinite

Tencent has announced the launch of a new publishing division, Level Infinite. The division will focus primarily on games.


Tencent’s Sumo acquisition investigated by National Security Panel in the US

Tencent’s Sumo acquisition investigated by National Security Panel in the US

Tencent needs approval for its acquisition of Sumo Group from a committee in the US due to concerns over possible threats to national security.


Sumo Group acquires Auroch Digital

Sumo Group acquires Auroch Digital

Sumo Group has announced that it’s acquired the Bristol-based game studio Auroch Digital for at least £6 million ($8.32 million).


Majority stake in Stunlock Studios acquired by Tencent

Majority stake in Stunlock Studios acquired by Tencent

Tencent has announced that it’s acquired a majority stake in Stunlock Studios, a Swedish game developer.


Tencent opens new Los Angeles office

Tencent opens new Los Angeles office

A new office in Los Angeles has been opened by Tencent America. This will expand the tech giant’s global reach.


Minority stake in Bohemia Interactive acquired by Tencent

Minority stake in Bohemia Interactive acquired by Tencent

A minority stake in DayZ developer Bohemia Interactive has been acquired by tech giant Tencent.