Tencent Looking to Offload Game Dev Investments, Even at a Loss
Chinese company Tencent is reportedly looking to divest from several of its Japanese game development investments, even if it means taking a financial loss. This move is attributed to the current industry downturn and Tencent's focus on AI development. While specific studios are not all named, Marvelous is mentioned as one of the companies Tencent seeks to exit. Despite these potential sales, Tencent has stated its continued commitment to the video game industry and its presence in the Japanese market.
Push Square
- Entities
- Rainbow 6
- Investment
- Artificial Intelligence
- Kadokawa
- Tencent
- Elden Ring
- FromSoftware
- Horizon
- Far Cry
- PlayStation
- Story of Seasons
- PlayStation 5
- Marvelous
- Rune Factory
- PlatinumGames
Original source
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