Tencent | Activity | F4

Tencent Activity

Every public signal F4 has attached to this firm, with sources and cross-entity links.

Types

Time range

News

Tencent had 20% of Marvelous shares bought in 2020 and in 2026 it sold off those shares back, consistent with its review of minority stakes in Japanese game studios.

Marvelous

MarvelousTencent

en.wikipedia.org

Added recently

News

Tencent named to TIME100 Most Influential Companies list for 2026, recognized as the most powerful company in global gaming with full ownership of Riot Games and controlling stake in Epic Games.

Tencent

Tencent Tencent

time.com

Added recently

3 investments· SEP 2026 – OCT 2026Show all

Investment

Kuro Games, a 51.4%-owned subsidiary of Tencent, has taken a 15% stake in China-based AI audio company Yanzhiyu Technology, which develops the voice cloning and dubbing platform Vocu.

Yanzhiyu Technology

Yanzhiyu Technology Tencent

investgame.netOCT 2026

OCT 2026

Investment

Tencent led a $46m round in Türkiye-based mobile games developer Flow Games, providing about three-quarters of the amount, with Makers Fund, Arcadia Gaming Partners, and Ludus Ventures also participating. Flow Games develops Smash Fest! which has passed 23 million downloads.

Flow Games

Flow Games Tencent

investgame.netOCT 2026

OCT 2026

Investment

Tencent led the $25m Series A of Istanbul-based puzzle developer Circle Games in late September 2026, its second bet on an Istanbul studio in three weeks.

Circle

CircleTencent

investgame.netSEP 2026

SEP 2026

News

Negotiating exits from several Japanese game studio stakes (including Marvelous) acquired in 2020, as it redirects capital toward AI investments.

Reassessing Japanese game studio stakes amid AI pivot

Tencent

fortune.comJUN 24, 2026

JUN 24, 2026

Investment

Committed roughly 10 billion yuan (~$1.5B) to DeepSeek's first-ever external funding round alongside CATL, in a round valuing DeepSeek at $52-59B.

DeepSeek

DeepSeek Tencent

scmp.comJUN 3, 2026

JUN 3, 2026

Investment

Co-led Evoken Technology's (LiblibAI parent) $300M Series B+ round at a $2B valuation, alongside Granite Asia and Shunwei Capital.

LiblibAI

LiblibAI Tencent

caproasia.comJUN 2026

JUN 2026

Essay

Tencent Games showcased 45 major updates at SPARK 2026, highlighting long-term commitment to advanced interactive digital experiences for users worldwide.

Tencent

Tencent Tencent

tencent.comMAY 27, 2026

MAY 27, 2026

News

Tencent signed an MOU with Korea's Game Culture Foundation (GCF) to expand support for Korea's game ecosystem.

Tencent

Tencent Tencent

tencent.comMAY 20, 2026

MAY 20, 2026

Investment

Tencent plans to at least double its AI-related spending to 36 billion yuan ($5.2 billion) in 2026, as the gaming and social media giant expands its AI product portfolio with the OpenClaw suite and develops an AI agent for WeChat.

Tencent

Tencent Tencent

forbes.comMAR 2026

MAR 2026

News

Tencent's international gaming revenue surpassed USD 10 billion in 2025, driven by evergreen games expansion and content-driven game growth.

International Games revenue surpassed USD 10 billion

Tencent

static.www.tencent.comDEC 2025

DEC 2025

Milestone

Delta Force breakout success with peak DAU exceeding 50 million and new high in gross receipts (Feb 2026). AI-powered development and companion features deployed.

Tencent Games

Tencent GamesTencent

static.www.tencent.comDEC 2025

DEC 2025

Milestone

Wuthering Waves won Players' Voice at The Game Awards 2025 with triple YoY growth and rank #3 mobile game by DAU in international markets.

Tencent Games

Tencent GamesTencent

static.www.tencent.comOCT 2025

OCT 2025

Page 1 of 2