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Tencent related news and articles

Tencent confirms 1 million Switch units have sold in China

Tencent confirms 1 million Switch units have sold in China

Tencent has confirmed that 1 million Nintendo Switch consoles have been shipped in China since the console launched in December 2019.


Tencent profits are up despite the COVID-19 pandemic

Tencent profits are up despite the COVID-19 pandemic

While other businesses around the globe struggle to survive the pandemic, Chinese tech giant Tencent has posted some good profits.


Tencent invests in Yager, developers of Spec Ops: The Line

Tencent invests in Yager, developers of Spec Ops: The Line

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 wants to acquire 100 percent of Funcom

Tencent wants to acquire 100 percent of Funcom

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 is launching the Nintendo Switch in China next week

Tencent is launching the Nintendo Switch in China next week

Tencent has announced that Nintenbdo Switch console will launch in China next week, bringing the console to this audience for the first time ever.


China approves new titles from Tencent and NetEase

China approves new titles from Tencent and NetEase

Leading Chinese games publishers Tencent and NetEase have finally been granted licences to publish new games by the Chinese government. The move indicates a further thaw in the “freeze” on approvals for new games in China that has wiped billions off the value of both Tencent and Netease. News of the freeze in Chinese game […]


Tim Sweeney enters billionaire index

Tim Sweeney enters billionaire index

Tim Sweeney, CEO and Founder of Epic Games, has made it into the Bloomberg Billionaires Index for the very first time, with net worth $7.16 billion.


Top 25 public video game companies still growing

Top 25 public video game companies still growing

Newzoo’s latest report on the top 25 public gaming companies shows that these companies are still growing, just much slower than expected.


Tencent’s value drops following new Chinese regulations

Tencent’s value drops following new Chinese regulations

As part of an effort to reduce the level of addiction to online games Chinese Regulators will be cutting the number of them available for public use.


What Does It Mean for a Game Franchise When Its Parent Company is Bought Out?

What Does It Mean for a Game Franchise When Its Parent Company is Bought Out?

Activision Blizzard recently bought out King Digital Entertainment, the company behind Candy Crush, for a whopping $5.9 billion. What does this buyout mean for King? And what does this buyout mean for Activision Blizzard?