Tencent weighs sale of Marvelous and other Japan game stakes
Why it matters: The review reflects pressure to trim weaker bets as Tencent spends more to keep pace in AI.
Tencent Holdings is exploring exits from several game-studio investments in Japan, including Tokyo-listed Marvelous, as it reassesses its global portfolio. The Chinese gaming giant is reviewing minority stakes across multiple studios and, in some cases, may sell holdings back to management even at a loss. The move comes during a prolonged slump in the video-game sector and as Tencent channels capital toward competing with Alibaba and ByteDance in artificial intelligence. Stakes in PlatinumGames, FromSoftware and parent Kadokawa are not part of the planned disposals, according to the report. Tencent said video games remain central to its business and that it plans to keep a long-term presence in Japan.