Tencent uses game business to expand global empire

Chinese internet group on a roll but faces political risk in the US

20210121 tencent and nintendo switch

Global majors in the gaming sector such as Nintendo and Epic Games rely on Tencent. (Source photos by AP and Ken Kobayashi)

NAOKI WATANABE, TOMOKO WAKASUGI and NORIO MATSUMOTO, Nikkei staff writers

TOKYO -- Chinese internet group Tencent Holdings is moving beyond a local strategy to form a global "empire" by leveraging its game business.

The company has grown by forming partnerships with local companies and making repeated investments in target markets, with highly convenient apps -- such as messaging portal WeChat, which has 1.2 billion users -- providing a strong economic base on which to build.

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