Tencent has raised over $Eight billion throughout twelve worldwide banks, and this large horde of money might be used to purchase new gaming studios (and publishers).
Earlier experiences mentioned Tencent is likely to be eyeing huge acquisitions like EA or even Grand Theft Auto-maker Take-Two Interactive, and now it has the cash to again up a buyout of this caliber. The Chinese language juggernaut just lately raised a staggering $8.three billion for “common company functions,” Bloomberg reports.
Whereas Tencent may shake up the video games trade with a high-profile buyout, it is extra probably the corporate will give attention to Asian builders like Nexon and NetMarble. Tencent could draw back from stake buyouts or full-on video games acquisitions and put its new funds into different markets–Tencent invests its cash far past simply gaming and has put money into e-commerce, medical, and even has its personal credit score rating system.