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Tencent Purchased 20% Stake In South Korean Game Studio Shift Up

Tencent has purchased a 20% stake in the South Korean video game studio Shift Up. The conglomerate is now the second largest shareholder in...

Capcom Has Revealed Partnership With Tencent’s Timi Studio To Create New Monster Hunter Game For Mobile

Capcom has announced a partnership with Tencent’s well-known Timi studio to create a new Monster Hunter game for mobile devices.  Established in 2008, Timi is...

Tencent Has Recently Announced Purchasing Minority Stake In Gruby Entertainment

Tencent announces the purchase of a minority equity stake in Polish gaming studio Gruby Entertainment. Gruby will apparently maintain complete creative and operational autonomy...

Ubisoft Is Selling Minority Passive Stake of Guillemot Brothers Ltd. To Tencent

Ubisoft announces it is selling a minority passive stake of Guillemot Brothers Ltd. to Tencent. They are buying the stake for $297.2 million. Under...

Magic Eden Announces New Web3 Venture Capital Fund

Magic Eden just announced the launch of “Magic Ventures” - a new venture capital fund that will focus on investments in web3 games. The...