French video game giant Ubisoft and Tencent have completed a strategic deal in which Tencent will invest €1.16 billion ($1.25 billion) in cash for a stake ...

Ubisoft cut its 2024-2025 fiscal year guidance due to poor management execution and game launch delays, notably Assassin’s Creed Shadows. Tencent is a likely buyer for Ubisoft, with the appointment of ...

After incorrectly reporting their financials, Ubisoft repayed a loan early to make amends, using Tencent's investment into Vantage Studios.

Ubisoft's H1 results paint an interesting picture: We have a company with legendary franchises in the gaming world with a ...

Tencent invests $1.3B to acquire a 26% stake in Vantage Studios, Ubisoft’s new unit for flagship franchises.

The market seems to have responded positively to the announcement of the new agreement between Tencent and Ubisoft. Ubisoft’s stock prices have significantly increased, with a 12% rise recorded during ...

Ubisoft is back in the news again and it’s still not looking good for the game industry giant. A minority shareholder and ever growing group of other shareholders have demanded that Ubisoft hold an ...

TL;DR: Ubisoft has partnered with Tencent, which invested $1.2 billion for a 25% stake in a new subsidiary, "Ubisoft 2." This move aims to enhance Ubisoft's game development but has caused employee ...

Ubisoft has announced H1 earnings "ahead of expectations" and confirmed it is on track to close its €1.16 billion partnership deal with Tencent.

There’s been a lot of chatter about the state of Ubisoft and the company’s future, and Tencent’s name has been floated as a potential suitor should the Assassin’s Creed developer ever become available ...

Ubisoft's founding family is seeking a deal with Tencent that may involve starting a new venture with some Ubisoft assets. When you purchase through links on our site, we may earn an affiliate ...

Contrary to prior speculation, Tencent is neither fully acquiring Ubisoft nor exiting the companies' existing $1.25 billion agreement. During an earnings call following the delayed release ...