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Tencent boosts investment in overseas gaming studios, FT reports
The Fly

Tencent boosts investment in overseas gaming studios, FT reports

Tencent is boosting investment in gaming studios abroad, primarily in Europe, to diversify away from China despite the improving regulatory conditions, The Financial Times’ Eleanor Olcott and Qianer Liu report. According to people familiar with the matter, Tencent is seeking to invest in or purchase gaming studios after slowing the pace of new investments towards the end of 2022, with European gaming studios as the primary target. Reference Link

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