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 has announced that it’s acquired the Bristol-based game studio Auroch Digital for at least £6 million ($8.32 million).
Tencent has announced that it’s acquired a majority stake in Stunlock Studios, a Swedish game developer.
A new office in Los Angeles has been opened by Tencent America. This will expand the tech giant’s global reach.
A minority stake in DayZ developer Bohemia Interactive has been acquired by tech giant Tencent.
Tencent has confirmed that 1 million Nintendo Switch consoles have been shipped in China since the console launched in December 2019.
While other businesses around the globe struggle to survive the pandemic, Chinese tech giant Tencent has posted some good profits.
Tencent, the Chinese corporation that seems to be acquiring a new studio each month at this point, has invested in developers of Spec Ops: The Line, Yager.
Tencent has launched a bid that would see them acquire 100 percent of the shares in Funcom, valuing the Norwegian developer at $148 million.
Tencent has announced that Nintenbdo Switch console will launch in China next week, bringing the console to this audience for the first time ever.