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by polaritron
2845 days ago
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I don't think this is about what can be found on Wikipedia. The reality here is that this company doesn't seem to create it's own games, but habitually acquires creative companies. More to the point, it seems to be little more than a gateway company, selectively permitting the operation of a limited selection of pre-approved properties to operate within the confines of a planned ecosystem that is slightly more advanced than an artificial monopoly. That companies acquired by this shell entity have continues to produce games after being acquired, should not be regarded as the shell company creating games itself. |
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Seriously, this is Hacker News; most commenters here have at least some understanding of the nature of corporations. If you don't understand how companies work, at this ultra-fundamental level, and you think "how is it possible that this 'gaming company' can be worth half a trillion US dollars, but I've never heard of them", and it doesn't immediately occur to you that they're probably not really making the games themselves, and yet you're still curious enough to post the comment that quantitative posted, then you would be very much benefited by going and reading the entire Tencent article, top to bottom, and now you'd know something useful about how the world works.
I agree with you that Tencent appears to be primarily an investment-oriented holding conglomorate. I might even say that:
Tencent Holdings Limited (Chinese: 腾讯控股有限公司; pinyin: Téngxùn Kònggǔ Yǒuxiàn Gōngsī) is a Chinese multinational investment holding conglomerate founded in 1998, whose subsidiaries specialise in various Internet-related services and products, entertainment, artificial intelligence and technology both in China and globally.[3]