Cool to be mentioned by HBR alongside Riot, Epic, and Blizzard, - TopicsExpress



          

Cool to be mentioned by HBR alongside Riot, Epic, and Blizzard, although weve got a lot of work to do :) Why Facebook should worry about Tencent: blogs.hbr.org/2014/04/why-facebook-should-worry-about-tencent/ Tencent has learnt how to penetrate overseas markets. In the online gaming industry, for instance, it has become a player by buying equity stakes in Riot Games for $400 million; Epic Games for $330 million; Activision Blizzard for $1.4 billion; mobile gameplay recording service Kamcord; and in Level Up, a Singapore-based online game operator for $26.95 million. In February 2012, Tencent also announced a partnership with market leader Electronic Arts.
Posted on: Fri, 04 Apr 2014 14:43:32 +0000

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