FOCUS-Tencent Shifts Focus To Majority Deals Overseas Gaming...

SINGAPORE, Sept 28 (Reuters) - Southeast Asia's digital media and tech sectors, underpinned by young consumers and one of the fastest growing internet markets, had drawn U.S.
investment bank Raine Group to expand in the region, senior executives said.

Mei said the trend of Chinese entrepreneurs setting up base in Singapore as a beachhead for Southeast Asia, was likely to bring capital and new business opportunities in sectors such as digital media and gaming.

The images come after a different AI that works in the same way produced bizarre pictures of the 'last selfie ever taken' that showed apocalyptic scenes of people in front of nuclear blasts, with rotting flesh and total devastation behind them.  
"We believe Tencent will continue to make reasonable investments to acquire quality gaming content and talents and deepen partnerships with top-tier studios worldwide in order to step up its investments and presence in overseas markets," said Citi analysts in a report in early September.

"We have in black and white some damning findings about how this company has operated, how they dealt with the regulator, and their obligations to act in the public interest clearly were not taken seriously," she told reporters on Thursday.

A great personality and technical talent though he may be, Zlatan Ibrahimovic fails to realise that he is fast approaching the end of a long and troubled career at the top of the game, never having won football's greatest prizes like the Ballon d'Or or the Champions League. 

"The two Star casinos presently carrying on business in Queensland (Star Gold Coast and Treasury Brisbane) have been operated in a way that is inconsistent with the achievement of the objectives of the Casino Control Act," the report said.

"As a consequence, some of the business that was drawn in placed the casinos at real jeopardy of infiltration by persons whom The Star had reason to suspect were likely to have been involved in criminality," Mr Gotterson wrote.

From 2015 to 2020, the owner of China's number one messaging app WeChat 150 investments at home totalling $75 billion, compared to 102 deals worth $33 billion in overseas markets, according to Refinitiv data.

Supporting and cheering the team from the sidelines - while earning several million euros per year - can help to encourage and galvanise his team-mates, pkv poker but it is an outdated privilege more given him based on gratitude than merit. 

"The scarcity of capital in an era of volatility, rising interest rates and inflation, will create investment opportunities and require companies to be more strategic," Ravitch told Reuters in an interview on the sidelines of the Forbes Global CEO Conference.

As teenagers, his fans grew up watching this slender, playful youth without a tattoo in sight at Ajax and Juventus, but where they have now moved on with their lives, the 41-year-old still masquerades on the pitch as a teenager at the start of his career. 

However, it is now aggressively seeking to own majority or even controlling stakes in overseas targets, notably in gaming assets in Europe, the four people with direct knowledge of the matter told Reuters.

IBRA REFUSES TO ACCEPT THAT HE IS AGEING AC Milan owe Ibrahimovic a huge debt, and the charismatic forward played his part as the Rossoneri won the Scudetto in 2021-22, but he is not the same player he once was, and much like Oscar Wilde's Dorian Grey, refuses to believe that he is ageing. 

Ravitch, a former Goldman Sachs banker for 16 years, before he co-founded Raine in the aftermath of the global financial crisis, expects increased cross-border deals in the region, home to about 650 million people.

Today, Ibrahimovic is unable to play even a minute in Serie A, and instead spends his time making videos with Monza president Silvio Berlusconi.  Where once he was the first name on the star-studded guest lists of music festivals, he now must settle for a a role in adverts and commercials.

Also, with Beijing strictly restricting game approvals at home and still suspending approvals for games of foreign IPs, Tencent is forced to move towards gaining control of foreign game companies and their IPs, said the four sources.

ALVISE CAGNAZZO: Tammy Abraham has looked a shadow of... Italy legend Alessandro Nesta insists he would have held his... Balotelli, bust-ups, Bellamy and bling! In a hilarious and... Building around an English core, getting Aubameyang back to...

Tencent in September raised its stake in Ubisoft in a deal that made the Chinese firm the single biggest shareholder of the top French games developer, with a stake of 11% which can be further increased to as much as 17%.

He has pain in his knees and by his own admission when he gets up in the morning he himself is nervous of what will happen to his body, but his love for the game far outweighs the logical part of his brain which tells him to retire. 

HONG KONG, Oct 1 (Reuters) - Tencent is resetting its M&A strategy to put more focus on buying majority stakes mainly in overseas gaming companies, as the tech giant eyes global expansion to offset slowing growth at home in China, people with direct knowledge of the matter said.