Tencent have purchased a stake in Elite: Dangerous and Planet Coaster builders Frontier. The Chinese firm invested £17.7 million in Frontier, giving them a 9% stake within the firm. The partnership will open up entry to China for the Elite studio.
Check out our checklist of the best space games for extra like Elite.
Tencent are an absolute powerhouse in China, serving lots of of thousands and thousands of customers on a regular basis. They’re additionally primed to launch their very own Steam-like platform, WeGame. They have investments in Riot Games, Epic, Blizzard, Activision, Paradox, and extra, so Frontier are simply the most recent in a string of them.
“Tencent is the market chief within the on-line video games business in China and working a premium PC video games distribution platform, WeRecreation,” Frontier founder David Braben says. “This strategic funding will each assist drive our scale up, and enhance entry and speed up our progress into the important thing Chinese market. Tencent will likely be a strong associate for Frontier, in what is going to quickly be the world’s largest marketplace for leisure.”
“Frontier’s groups utilise extremely scalable recreation engine know-how, many years of growth expertise, and more and more refined reside operations expertise to supply highly-engaged gamers with advanced and delightful recreation worlds,” Tencent chief technique officer James Mitchell provides. “We imagine that players in China will develop into more and more serious about recreation genres corresponding to area exploration, theme park administration and different segments well-suited to Frontier’s strengths, and stay up for serving to Frontier attain these future customers.”
Frontier are simply the most recent to wish to take a chunk out of the massive Chinese market. Publishers Take-Two recently revealed their plans for the long run, and breaking into China was an enormous focus.
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