Tencent is revising the merger and takeover strategy to focus more on buying controlling shares in foreign gambling companies, which is related to the slowdown in income growth in China.
For many years, Tencent has invested in hundreds of businesses. Usually, the company purchased minority shares and remained a passive financial investor. Now Tencent will seek to acquire a controlling stake in foreign game project developers, especially in Europe. This is reported by Reuters sources.
In addition, Tencent was also interested in more aggressive acquisitions due to other technological giants, Microsoft and Sony Interactive Entertainment, which purchase games studios and related intellectual property.
Tencent is the world's largest profit-making game company, and has already invested in over 800 developers, including Epic Games, Action Blizzard, Ubisoft, Krafton, PlatinumGames, FromSoftware and Marvelous Inc. but has full ownership of only some: Funcom, Rio 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 methael companies.