Tencent’s $1.25B investment boosts Ubisoft’s growth, strengthens its balance sheet, and unlocks Asian market potential with a ...

Ubisoft is spinning off some of its top franchises, including "Assassin’s Creed," "Far Cry" and "Rainbow Six," into a new subsidiary funded by Tencent.

Tencent has invested $1.25 billion in a new Ubisoft operating division that includes the core games Assassin’s Creed, Far Cry and Tom Clancy’s Rainbow Six brands. Ubisoft, the French video game giant ...

Ubisoft and Immutable announced Might & Magic Fates, an original Web3 strategy card game set in the beloved Might & Magic ...

Privacy experts slam Ubisoft for harvesting player data without consent in Assassin's Creed Shadows. A $104 million fine ...

Ubisoft shares reversed gains in afternoon trade on Friday after rising as much as 12% earlier on plans to set up a subsidiary to house three of its popular video game franchises.

French videogame maker Ubisoft said on Thursday it has set up a subsidiary in which China's Tencent will invest 1.16 billion euros ($1.25 billion).

Shenzhen-based Tencent, which owns the popular messaging app WeChat, will hold about a quarter of a new subsidiary.

Some Ubisoft shareholders want the company to renegotiate its recent deal with Tencent, expressing concerns over unclear benefits. Assassin's Creed Shadows has been one of the best-selling games ...

For Tencent, doubling down on major Ubisoft franchises represents a renewed vote of confidence after more than a decade as a partner. The company's president, Martin Lau, highlighted the "immense ...