[Exclusive] Tencent Lifts Stake in Indie Studio Game Science to Draw Closer, Source Says
Liu Jia
DATE:  Mar 30 2021
/ SOURCE:  Yicai
[Exclusive] Tencent Lifts Stake in Indie Studio Game Science to Draw Closer, Source Says [Exclusive] Tencent Lifts Stake in Indie Studio Game Science to Draw Closer, Source Says

(Yicai Global) March 30 -- Tencent Holdings has raised its shareholding of Chinese developer Game Science to deepen cooperation, an insider familiar with the matter told Yicai Global exclusively.

The Shenzhen-based tech giant's stake is 5 percent after the deal, the smallest stake among all the stockholders, the insider added.

Tencent has committed not to interfere with the Hangzhou-based indie studio's operation and decision-making. "Tencent mainly aims to help its former employees to work on some projects rather than deliberately seek commercial returns."

Feng Ji and Yang Qi, two former Tencent workers who were involved in developing role-playing game Asura, founded Game Science in 2014. After that, the company has released mobile games 100 Heroes and Art of War: Red Tides while action-role playing game Black Myth: Wukong is expected to enter the market by next July.

Game Science hopes that Tencent can offer more technical support for Black Myth: Wukong, according to the same source. The title is created in Unreal Engine, a game engine developed by Epic Games. Tencent has invested in the US gaming behemoth before.

Tencent Holdings has not yet officially revealed the investment.

Editor: Zhang Yushuo, Emmi Laine, Xiao Yi

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Keywords:   Tencent,video games,Game Science