Tencent Holdings is negotiating the sale of its investments in several Japanese game studios, including the publicly traded firm Marvelous Inc. This move signals a broader reassessment of the company's global portfolio.
The potential divestment marks a shift from Tencent's long-held strategy of acquiring minority stakes in international developers. Discussions are currently ongoing and may not result in a final transaction.
Sources indicate Tencent is considering selling stakes back to original management teams, even at a loss. The company is targeting investments where expected synergies have failed to materialize.
Tencent's significant holdings in high-profile studios remain unaffected by this review. Investments in FromSoftware and PlatinumGames are reportedly not part of the current sale discussions.