Tencent decides to take over game studios outside of China more aggressively 

Tencent is revising its mergers and acquisitions (M&A) strategy to pay more attention to the acquisition of controlling stakes in foreign gaming companies. This is due to the slowdown in income growth in China.

Over the years, Tencent has invested in hundreds of enterprises. Usually the company acquired minority shares and remained as a passive financial investor. Now Tencent will seek to acquire a controlling stake in foreign game developers, especially in Europe. This is reported by sources of the publication Reuters.

In addition, Tencent has also become interested in more aggressive takeovers due to other tech giants Microsoft and Sony Interactive Entertainment buying up game studios and related intellectual property.

Tencent is currently the world’s largest gaming company by revenue. It has already invested in over 800 developers, including stakes in Epic Games, Activision Blizzard, Ubisoft, Krafton, PlatinumGames, FromSoftware, and Marvelous Inc. But she only fully owns a few: Funcom, Riot Games, Sumo Digital, Turtle Rock Studios, Digital Extremes and Splash Damage.

In addition to investing in games, Tencent also plans to acquire the assets of companies associated with the metaverse.