Tencent Reportedly Wants to Become Ubisoft’s Biggest Shareholder
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Tencent Reportedly Wants to Become Ubisoft’s Biggest Shareholder
Chinese gaming giant Tencent Holdings wants to buy more of Ubisoft, and even become its biggest single shareholder.
The Biggest Gaming Company You’ve Never Heard Of…
Fortnite’s Future: https://www.youtube.com/watch?v=D_hR6M0lzHs
What if I told you there was a gaming company big enough to buy Activision, EA, Ubisoft, Sony, and then still enough money left over to buy Tesla Motors four times over? You’d probably say I was crazy. Well, I’m not, the Chinese gaming & software firm Tencent is now the 5th largest company in the world by far the largest gaming company in the world. This company invested direct into western brands and games as well. If you’ve played Fortnite, PUBG, Call of Duty, League of Legends, FIFA, Overwatch, Clash of Clans, or any Ubisoft game; then you’ve played a Tencent game.
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Ubisoft’s Assassin Forward, Playstation’s State & Tencent Laying Journos Off | The ECHO Cast 202
This week we talk about the Ubisoft Forward show, the Nintendo Direct, the Playstation State of Play, games journalism layoffs, The Division updates, Mass Effect news, listener questions and content updates. Be sure to check out the links below for ways to support this podcast, get awesome deals, and check out my other content! Paper io is the game you've been waiting for! Join the exciting fun at https://kevin.games/paper-io.
00:00:00 – Intro
00:01:30 – Gaming News
00:35:29 – The Division
00:39:45 – Mass Effect
00:46:20 – Listener Questions
00:52:40 – Content Updates
00:56:44 – Outro
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Ubisoft Stock Down 17 % on Tencent Buy-In | Why Investors DO NOT Like this News!
The news are in. Tencent raises stakes in Ubisoft via the Guillemot Brothers Limited.
Link:
https://finance.yahoo.com/news/tencent-tcehy-buy-49-9-154803934.html
https://www.ft.com/content/5bc1eb9d-7ee5-48ee-a8c2-d46aeca1fef1?ftcamp=traffic/partner/feed_headline/us_yahoo/auddev
https://finance.yahoo.com/news/ubisoft-jumps-tencent-set-double-195406367.html
https://finance.yahoo.com/news/ubisoft-shares-tumble-tencent-deal-075723369.html
Disclaimer: I am invested for the long-term in the following gaming companies and other companies I mention regularly in my videos:
– Unity Software – Take-Two – Embracer Group – Bigben Interactive – NVIDIA – Corsair – Ultimate Games – CI Games – Focus Home – Zynga – Activision Blizzard – Ubisoft – Intel – Tencent – Microsoft – Bloober Team – Playway – NACON – META – Digital Bros – Bitcoin, Ethereum, Cardano, Matic, Tezos, Dogecoin, Solana
You find my previous stock market videos under my old channel:
►►► https://www.youtube.com/playlist?list=PLki_zSm9v8FArG8pRhn9hoYgsLcLYe69E
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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
Is TENCENT Preparing Hostile Takeover of EA or Take-Two?
A hot new rumor suggest one of the world’s biggest corporations is hoping to buy one of the larger video game publishers. Let’s take a deeper look.
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SOURCES & REFERENCES
https://www.tweaktown.com/news/77498/report-tencent-raising-billions-to-buy-ea-take-two-or-others/index.html
https://www.reddit.com/r/pcgaming/comments/l4ka5r/rumor_tencent_raising_billions_to_buy_ea_taketwo/gkpr1w6/
https://www.reddit.com/r/pcgaming/comments/l4ka5r/rumor_tencent_raising_billions_to_buy_ea_taketwo/