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Ubisoft Gets US$1.25 Billion Investment From Tencent

Lowyat.net LogoLowyat.net3d ago

Ubisoft Gets US$1.25 Billion Investment From Tencent - Lowyat.net

Quick Summary:

Ubisoft announced that Tencent will be making a US$1.25 billion (~RM5.54 billion) investment in a spin-off subsidiary.

As per its press statement, the Assassin’s Creed creator will hold a majority stake of the new US$4.3 billion (~RM19.1 billion) business, while the Chinese tech giant will own a quarter of it.

The new Ubisoft and Tencent […]


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Article Details

Author / Journalist: John Law

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-28 @ 10:29:10 (3 days ago)

News Timezone: GMT +8:00

News Source URL: lowyat.net

Language: English

Article Length: 232 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Lowyat.net

News ID: 27382660

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About Lowyat.net

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Main Topics: Technology

Official Website: lowyat.net

Year Established: 2002

Headquarters: Malaysia

News Last Updated: 1 days ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #46

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  • URL: https://beamstart.com/news/ubisoft-gets-us125-billion-investment-174315876179

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