Tencent owned 9.2% of Ubisoft’s net voting rights at the end of April, while the Guillemot family held about 20.5%, according to the firm’s latest annual report.

Tencent already owns around 9% of Ubisoft through previous investments (which helped fend off Vivendi in the past), and reports back in 2022 revealed Tencent wanted to increase its ownership in ...

SHENZHEN: Singaporean educator and entrepreneur Andrew Chin can't wait to meet his new “digital human” – a virtual avatar of himself designed and created by Chinese internet giant Tencent.

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Big changes might be in store for Ubisoft, as the Guillemot family and Tencent are reportedly planning to buy Ubisoft and take it off the public market. Big changes might be in store for Ubisoft ...

Oct 4 (Reuters) - Tencent Holdings (0700.HK), opens new tab and Ubisoft Entertainment's (UBIP.PA), opens new tab founding Guillemot family are considering options including a potential buyout of ...

Tencent, despite lagging behind other Chinese tech giants, is well-positioned to benefit from increased consumer spending and improved market sentiment. Tencent's gaming, advertising, and fintech ...

Tencent reported solid second quarter results, with revenue growing in the high-single digits and the bottom line almost doubling. Similar to many other Chinese stocks, Tencent jumped in the last ...

Tencent Holdings TCEHY is enjoying a revival in its stock price in 2024: The shares are up 50% year to date. But even after the rally, this wide-moat stock remains well off its 2021 highs.

Per a new report, Chinese tech powerhouse Tencent is considering teaming up with the Guillemot family to acquire Ubisoft. The acquisition might include plans to take the company private ...