Tencent has just increased its stake in Kadokawa, the company behind Dark Souls and Elden Ring. Tencent’s ownership now stands at 7.97%, closing in on Sony’s 10% stake. It’s a slight but interesting shift in the gaming landscape!
This increase may seem modest at just 1.1%, but let’s not forget that Tencent is already a powerhouse with investments sprawling across the gaming universe. The recent confirmation from Nikkei adds a layer of intrigue to their strategy.
Looking back, Tencent has made some hefty moves recently! Remember when they boosted their stake in Ubisoft from 4.5% to 9.99%? That’s an increase of over 50%! They’re not shy about investing where they see potential.
The gaming giant’s portfolio is impressive: 99% of Riot Games, 84% of Supercell, and 40% of Epic Games are under their belts. This latest investment in Kadokawa might be minor compared to those colossal figures, but it still highlights Tencent’s ongoing influence.
In other news, back in December, rumors swirled about Sony possibly acquiring Kadokawa. That wasn’t the case; instead, they formed a an alliance securing only 10% of shares. It’s always fun to watch these corporate chess games unfold!
