Tencent Invests $1.25 Billion in Ubisoft Unit Holding Assassin’s Creed, Stock Retreats After Early Rally
Ubisoft shares reversed early gains Friday after the French video game publisher announced a major strategic overhaul involving a €1.16 billion ($1.25 billion) investment from Tencent into a newly created subsidiary.
Receiving over $1 billion of investment from Tencent, a new Ubisoft subsidiary will become home to Assassin's Creed, Far Cry, ...
In an effort to save itself after a few rocky years, Ubisoft is opening a new subsidiary with investment from Tencent that ...
Tencent released its 2024 annual financial results, declaring 14 games to be "evergreen games" generating over four billion ...
Ubisoft shares jumped by 11% Friday morning after the company announced it would turn its top-performing games into a new ...
Today, via a press release, Ubisoft announced that it is forming a new subsidiary with its three most successful franchises.
Tencent plans to buy back more than $10 billion (R182 billion) of stock after posting its fastest pace of quarterly revenue ...
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