Tencent buys Clash of Clans maker Supercell for US$8.6b
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Beijing
CHINA'S biggest gaming group Tencent Holdings Ltd is to buy a majority stake in Finland's Supercell, which makes the Clash of Clans mobile game, from SoftBank Group Corp, in a deal valued at roughly US$8.6 billion.
The purchase will expand Ten-cent's interests overseas, as the Chinese video game and social network group still relies mainly on its home market even though it has stakes in various foreign studios like Epic Games and Riot Games.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
