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.

Struggling French videogame maker Ubisoft (OTCPK:UBSFY) said it's spinning out a unit containing some of its top games, and Tencent Holdings is investing in it, boosting its previous stake in the ...

The investment in Vantage Studios values the company at a pre-money enterprise value of €3.8 billion, giving Tencent a 26% ...

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 ...

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 ...

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 ...

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 ...

A Bloomberg report is claiming that Assassin’s Creed publisher Ubisoft is looking to establish a new gaming group with investors that would play home to some of its biggest IPs, with Chinese company ...

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 ...