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🎮 Ubisoft establishes new division - Tencent invests $1.25 billion.
Ubisoft $UBI.PA, a traditional French video game player, is entering a new chapter. It is setting up a subsidiary that will cover its biggest and most profitable brands - Assassin's Creed, Far Cry and Tom Clancy's Rainbow Six. But it's not just an internal restructuring. Chinese giant Tencent $TCEHY is stepping...
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I think it's unnecessary. This is speculation. I'd rather invest in good businesses.
So far, only $TCEHY and $CDR.WA have caught my eye from this sector.