The $320 million IPO last July of online games developer Shift Up, Korea’s second-largest listing of 2024, made its founder ...

Ubisoft says the new subsidiary, backed by Tencent’s investment, “will drive further increases in quality of narrative solo experiences, expand multiplayer offerings with increased frequency of ...

Tencent has invested $1.25 billion in a new Ubisoft operating division that includes the core games Assassin’s Creed, Far Cry and Tom Clancy’s Rainbow Six brands. Ubisoft, the French video game giant ...

Tencent is adept at acquiring games and adapting them to mobile, but its development of original titles has yet to produce standout examples. Details: In 2024, Tencent’s online gaming revenue grew 9.9 ...

The Chinese technology giant nearly doubled its profit on double-digit revenue growth in the final quarter last year after stepping up its AI investment.

Even though Siege rules the European and North American markets, it's hardly made a dent in Asian markets, such as China, ...

This comes after the announcement that Ubisoft and Tencent would create a subsidiary that would bring the big AAA games under one umbrella, an announcement that caused a 24% drop in Ubisoft’s ...

Tencent is investing €1.16 billion ... while also continuing to make new IP and building out its game engine technologies and online services. Ubisoft said it will share more information ...

The agreement with Tencent follows Ubisoft exploring and ... while continuing to deliver “state-of-the-art production” game engines and online services. “Today Ubisoft is opening a new ...