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[MastaKiiLA]

Can someone remind me again how tencent became so rich?

Mobile domination in a country with 6-7 times the population of the US. They don't just make games. I believe Wechat, and all its companion services, might be their biggest earner. It's like Messenger on steroids, because it's basically a mini-commerce hub. Tencent banks hard.

Wechat is a great app, but no one I know uses it. It is used throughout SEA, but I've only used it when dating Chinese expats.

 

[longdi]

You do know Chinese businessmen get taken on a long, long vacation until they are reeducated if they say anything against the CCP, right? There's nothing sensationalist about kidnapping.

No I don't rem such things. Calling it as kidnapping is already sensationalism. I guess in China, you do the crime you do the time. No money hats will get you out of it

 

[HeresJohnny]

Gross.

 

[Shmunter]

You do know Chinese businessmen get taken on a long, long vacation until they are reeducated if they say anything against the CCP, right? There's nothing sensationalist about kidnapping.

At a karaoke bar

 

[pasterpl]

If ever there was an opportunity for MS to deliver a KO blow to Sony this is it. Do it Phil!

i think ms would have to pay $25bn for T2

on the other hand

Take-Two enters new deal with Microsoft covering Xbox One, Series X (NASDAQ:TTWO)

Take-Two Interactive Software (NASDAQ:TTWO) notes in an SEC filing that it's entered into a publishing deal with Microsoft (NASDAQ:MSFT) to make games for...

seekingalpha.com

Edit; or it might be standard agreement for any publisher that wants to sell their games on Xbox

 

[Spukc]

good fuck em

 

[MDSLKTR]

Man why they had to break the triggered reaction chain

 

[DinoD]

If true. This would at least triple the budget for Rock Star games. CCP initiative for the cultural/values destruction of American youth.

 

[captainraincoat]

We might actually get a proper gta6 if China owns them....but I expect it to be loaded with micro transactions and probably spyware

 

[MagnesG]

Tencent got the flak from their government too, this is not strictly about ccp per se.

 

[Sevenfold]

No skeletons in GTA 6 confirmed.

 

[namekuseijin]

well, that's president elect CCP for you

 

[namekuseijin]

When are they going to ban Chinese nationalist ownership of US companies already?

are you kidding? CCP puppet was just elected, will lift ban on Huawei spyware soon that got us into this bioweapon mess in the first place

 

[DinoD]

are you kidding? CCP puppet was just elected, will lift ban on Huawei spyware soon that got us into this bioweapon mess in the first place

Hopefully, you and your drug dealer survive this.

 

[DrunkandDrunker]

wasted

 

[FStubbs]

No I don't rem such things. Calling it as kidnapping is already sensationalism. I guess in China, you do the crime you do the time. No money hats will get you out of it

What are you, paid plant or viral marketer for Tencent or the CCP itself?

 

[RoadHazard]

Please no.

Actually, I don't care about GTA Online anyway, so whatever I guess.

 

[kraspkibble]

RIP GTA

 

[NeoGiffer]

 

[HawarMiran]

We have such overlords for 40 years and I cannot recommended it.

where?

 

[alabtrosMyster]

Good, we need more Chinese propaganda.

When will Tencent buy NeoGAF? I would really appreciate it if they put a damper on the discussions here, this is getting out of control.

They should also open some reeducation camps through out the world.

 

[MiguelItUp]

I don't see this happening. Would be awful if it did. Tencent already has their hands in multiple cookie jars. They don't need to own the majority of video game developers and publishers. That'd be gross AF.

Pay no attention to the takes saying something like "Nothing of value would be lost." Ridiculous.

 

[M1chl]

where?

Czech Republic and it was meant to be communist, back then it was USSR.

 

[The Gorby Congressmanz]

For those that maybe be a bit ......... to believe this.

I have to ask you a question, if Take-Two was up for potential sale, and was put out into the market looking for a buyer, why would you think Microsoft, EA, Activision, Sony, Google, or other major tech companies in gaming or exploring ways to enter the industry allow Tencent to outbid them?

We are talking about some of the biggest IP in gaming that under a competent company would be able to gain extraordinary return on investment, and wouldn't be bleeding cash like Take-Two current does, who continues to amaze me with how poorly it's operated.

 

[alabtrosMyster]

No I don't rem such things. Calling it as kidnapping is already sensationalism. I guess in China, you do the crime you do the time. No money hats will get you out of it

Well, he was wrong, most of the time they don't come back at all, or they come back in such a state that you can't help bu wish for them they had died .

Chinese billionaires and CEOs keep disappearing in ‘state-sanctioned abductions’

Apparent abduction of prominent Chinese financier Xiao Jianhua on 27 January is the latest in a line of dozens of mysterious disappearances

www.independent.co.uk

 

[Aceofspades]

Now thats a big get ! Not overpaying for Blizzard !

 

[Knitted Knight]

Hope it's not true but you can't blame Tencent for doing what others fail to do when the opportunity presents itself.

Trump passed a law on it I believe (specifically targeting Tencent and others) so I don't think this will be an issue.

Edit: Did it actually pass or get shelved?

 

[onesvenus]

I have to ask you a question, if Take-Two was up for potential sale, and was put out into the market looking for a buyer, why would you think Microsoft, EA, Activision, Sony, Google, or other major tech companies in gaming or exploring ways to enter the industry allow Tencent to outbid them?

The rumor talks about a hostile takeover. TT is not in the market looking for a buyer

 

[The Gorby Congressmanz]

The rumor talks about a hostile takeover. TT is not in the market looking for a buyer

This doesn't change anything, so again why would you think any of the other major players would "let" Tencent do that when they have a greater ability to do so?

 

[Escoe P. Coldchain]

Who cares. Whaaaaah a chinese company bought the company you like. Guess your gaming life is ruined. Pack it up. Its all over for the world now.

 

[Camreezie]

Dont think its true but that sounds awful

 

[BigBooper]

For those that maybe be a bit ......... to believe this.

I have to ask you a question, if Take-Two was up for potential sale, and was put out into the market looking for a buyer, why would you think Microsoft, EA, Activision, Sony, Google, or other major tech companies in gaming or exploring ways to enter the industry allow Tencent to outbid them?

We are talking about some of the biggest IP in gaming that under a competent company would be able to gain extraordinary return on investment, and wouldn't be bleeding cash like Take-Two current does, who continues to amaze me with how poorly it's operated.

That's not how a hostile takeover works. They didn't have a for sale sign in the front yard.

 

[IntentionalPun]

For those that maybe be a bit ......... to believe this.

I have to ask you a question, if Take-Two was up for potential sale, and was put out into the market looking for a buyer, why would you think Microsoft, EA, Activision, Sony, Google, or other major tech companies in gaming or exploring ways to enter the industry allow Tencent to outbid them?

We are talking about some of the biggest IP in gaming that under a competent company would be able to gain extraordinary return on investment, and wouldn't be bleeding cash like Take-Two current does, who continues to amaze me with how poorly it's operated.

Take 2 is owned by it's shareholders, it's "publicly traded." They don't own themselves.

They have a board of directors that represents their top shareholders, like all public companies. Those shareholders combined is typically > %50 of shares, so if a board all votes to sell, that's how a "public company" is usually "Sold" (really it's the controlling stake that is sold.)

A hostile takeover is when a company subverts that, and goes to other shareholders, or gets a minority of the board + other shareholders to sell. It takes a lot, because you have to contact a ton of different people as opposed to a small board.. but if you can get 1 big board member to sell + dozens of the people just below "board" who might still own a lot of stock, you can buy a company that way.

It's usually done by offering these people way over the normal price per share.

 

[harmny]

Do it tencent. And acquire Sony after that. I want to see the meltdown

 

[Knitted Knight]

Do it tencent. And acquire Sony after that. I want to see the meltdown

How about CDPR? Perfect timing too.. when down and out. Less expensive, less laws. Japan doesn't allow their giants to be bought. Poland on the other hand...

T2 is a pipedream imo.

 

[CatLady]

I don't see this happening. Would be awful if it did. Tencent already has their hands in multiple cookie jars. They don't need to own the majority of video game developers and publishers. That'd be gross AF.

Pay no attention to the takes saying something like "Nothing of value would be lost." Ridiculous.

I don't like R* or 2K sports games, but I absolutely HATE the idea of Tencent owning them.

 

[harmny]

How about CDPR? Perfect timing too.. when down and out. Less expensive, less laws. Japan doesn't allow their giants to be bought. Poland on the other hand...

T2 is a pipedream imo.

Sure. Acquire cdpr too. But gamers hate that scummy company. I said I wanted a meltdown

 

[Self]

CCP + CDPR would've been a much better combination. This would be very consumer friendly too.

 

[harmny]

CCP + CDPR would've been a much better combination. This would be very consumer friendly too.

Cdpr founders were born poor in communist Poland. Capitalism saved them and allowed them to create their company and be who they are today. They don't like socialism very much.
I'd say any American company is better. They seem to hate capitalism more and more each year.

 

[JoeyWestSide]

I doubt it would be in full as they like to be minority owners a lot of things like Activision and epic. I don't see them being any different with take-two.

 

[Knitted Knight]

Sure. Acquire cdpr too. But gamers hate that scummy company. I said I wanted a meltdown

Ohh there will be one. Guaranteed.

 

[disap.ed]

But what about this?

The irony that a communist trojan horse buys the "Don't starve" (!) developer

 

[LisaMariaMartin]

But what about this?

Tencent cancer is slowly spreading

 

[mansoor1980]

tencent? more like unlimited cent

 

[FranXico]

Oh hell nah!

“You’ll own nothing and like it.”

To be fair, we already were headed that way, even without Tencent.

 

[DeepEnigma]

To be fair, we already were headed that way, even without Tencent.

I meant more so country wise as well.

 

[FranXico]

Cdpr founders were born poor in communist Poland. Capitalism saved them and allowed them to create their company and be who they are today. They don't like socialism very much.
I'd say any American company is better. They seem to hate capitalism more and more each year.

Why are they so fond of a monopolistic corporation then? Monopolies are as anti-capitalist as one can get.

 

[DeepEnigma]

Why are they so fond of a monopolistic corporation then? Monopolies are as anti-capitalist as one can get.

They just follow the money like anyone else.

 

[DrAspirino]

So.. “Grand Theft Auto: Beijing” incoming?

 

[FranXico]

They just follow the money like anyone else.

So, they're hypocrites. They'd glady take money from Tencent.