Tencent reportedly in talks to sell stakes in Japanese game studios, may take losses
By
Chris Scullion
Summary
Tencent, the world's largest gaming company, is reportedly in talks to sell its shares in some Japanese game development studios, including Marvelous, even if it means taking a financial loss. This marks a potential shift in strategy for the Chinese publishing giant, which has invested in over 800 developers worldwide including Epic Games, Larian, Krafton, and Ubisoft, and fully owns Riot Games and Supercell.
Source
Key quotes
· 3 pulledTencent, the world's largest games company, has invested in more than 800 developers worldwide, including stakes in Epic Games, Larian, and Krafton, as well as shares in Ubisoft and many others.
According to a report by Bloomberg, however, the company is looking to exit a number of these investments, including those involving Japanese companies.
The article specifically cites Marvelous – the Tokyo-based studio behind
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