Tencent acquired a controlling stake in a European gaming company
Tencent has bought a controlling stake in Swiss game publisher and developer Miniclip. The details of the transaction were not disclosed, the resource reports Gameindustry.biz .
This is a significant step towards conquering the Western mobile market: the purchase of shares in the game studio provides Tencent with access to the 70 million audience of Miniclip games. The company's main mobile project, 8 Ball Pool, has been downloaded more than 100 million times, according to press releases.
The management of Miniclip stated that cooperation with Tencent, in turn, will help the company develop.
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Tencent is one of the largest Internet companies in China. It was founded in 1998. Among its developments are the messengers QQ and WeChat, whose total MAU is more than 1 billion. Tencent accounts for 30% of China's mobile market.
Miniclip is an international gaming company with offices in Switzerland, Portugal, Italy and England and other EU countries. The head office is located in Neuchatel (Switzerland).Produces and develops mobile and online games, owns a social platform of the same name for players.
