M&A Deal Summary

Tencent Holdings Acquires Shanda Games

On February 8, 2018, Tencent Holdings acquired internet software and services company Shanda Games for 474M USD

Acquisition Highlights
  • This is Tencent Holdings’ 4th transaction in the Internet Software and Services sector.
  • This is Tencent Holdings’ 3rd largest (disclosed) transaction.
  • This is Tencent Holdings’ 3rd transaction in China.

M&A Deal Summary
Date 2018-02-08
Target Shanda Games
Sector Internet Software and Services
Buyer(s) Tencent Holdings
Deal Type Add-on Acquisition
Deal Value 474M USD

Target

Shanda Games

Shanghai, China
Shanda Games Ltd. is an online game developer, operator, and publisher. Shanda Games was founded in 2001 and is based in Shanghai, China.

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Buyer(S) 1

Buyer

Tencent Holdings

Shenzhen, China
Category Company
Founded 1998
Sector Internet Software and Services
Employees104,787
Revenue 609.0B CNY (2023)
DESCRIPTION

Tencent is a provider of a comprehensive range of Internet and wireless value-added services. Through its various online platforms, including Instant Messaging QQ, web portal QQ.com, the QQ Game platform under Tencent Games, multi-media social networking service Qzone and wireless portal, Tencent services the largest online community in China and fulfills the user's needs for communication, information, entertainment and e-Commerce on the Internet. Tencent has three main streams of revenues: Internet value-added services, mobile and telecommunications value-added services and online advertising. Tencent Holdings was founded in 1998 and is based in Shenzhen, China.

DEAL STATS #
Overall 8 of 15
Sector (Internet Software and Services) 4 of 5
Type (Add-on Acquisition) 2 of 5
Country (China) 3 of 4
Year (2018) 1 of 3
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-18 ibiboGroup

Gurgaon, India

The ibibo Group operates integrated travel properties such as Goibibo.com (leading hotels and air aggregator), redBus.in (leading online bus ticketing platform), YourBus (Vehicle tracking application), and recently launched car sharing app, ibibo Ryde. The company's mission is to organize the transportation and accommodation industry and connect it with travellers. At 7.65mn unique transactions a quarter, ibibo is one of the leading travel companies in India.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-28 Voodoo

Paris, France

Voodoo is a mobile video game manufacturer. Voodoo was founded in 2013 and is based in Paris, France.

Buy $200M
Mergr

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