Report Suggests Chinese Tencent Prepare to Purchase EA

Holding company Tencent, which has shares in major publishers and developers such as PlatinumGames, Activision Blizzard, and Ubisoft wants to enable Electronic Arts to expand into North America.

Tencent himself did not admit the truth of this claim, but TMT Finance’s report claims its sources reveal the Chinese company’s plans. He’s setting aside billions of dollars to buy another company directly, and speculative candidates for this acquisition are very enlightening. Insiders report that this could be one of three possibilities. There may be a takeover of Rockstar Games and 2K’s American parent company Take-Two Interactive.

To achieve this, Tencent will need serious lasting strength because Take-Two generated $ 2.6 billion in revenue over the past fiscal year’s, a significant increase from the previous fiscal year total of $ 1.8 billion. The games that allowed the company to grow so significantly were Red Dead Redemption 2, Red Dead Online, Grand Theft Auto Online, Grand Theft Auto V, NBA 2K19, and NBA 2K18.

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