Tencent reportedly planning to exit multiple Japanese game studio investments
By
Chris Kerr
Summary
Chinese tech and gaming giant Tencent is reportedly planning to exit investments in several Japanese game studios, selling back minority stakes to management teams even at a loss. The company is shifting its focus toward user-generated content (UGC) platforms like Minecraft and Roblox, moving away from the investment spree it conducted in Japan since 2020.
Source
bskyTencent reportedly planning to exit multiple Japanese game studio investmentsgamedeveloper.comKey quotes
· 3 pulledPeople with knowledge of the matter told Bloomberg the company is reassessing its global portfolio
The company is prepared to sell back minority stakes in several Japanese studios to their respective management teams—even if that means taking a financial hit by selling at a loss.
Tencent is purportedly eager to refocus its portfolio around user-generated content platforms and experiences such as Minecraft and Roblox.
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