Should a deal come together, Tencent could "gain more control over" some of Ubisoft's franchises, the report said, adding that Tencent would also benefit from improving its own business results ...

"A potential deal would allow Tencent to own a stake in the venture and gain more control over some of Ubisoft’s intellectual properties, while boosting its video game business outside of China ...

Ubisoft’s future could involve a new venture with Tencent, as it looks to support the Nintendo Switch 2 in a big way. While 2024 was a pretty bleak year for the games ... together own 29.6% ...