Announcements - Tencent has Invested in Grinding Gear Games - Forum

" WillisTheWillis wrote: The true question is is Tencent the biggest shareholders now? As long as the answer is no, I don't think there will be any big issue, at least in a foreseeable future. Yes, Majority means greater than 50.01%	Posted by iamnotspock#1999 on May 20, 2018, 11:07:50 PM Quote this Post
Go leave this game !!! ggg dont care about community this gamme will be come p2w dont give more money a this idiot go leave this game!!!!!! all for the money	Posted by Arazuki#1724 on May 20, 2018, 11:08:32 PM Quote this Post
The predictable scenario here is that Tencent and GGG have underestimated the fact that people's willingness to buy supporter packs/MTXs is to support an independent company. Now, that willingness declines, Tencent gets pissed their ROI isn't what they wanted, and they make changes. Then it's RIP.	Posted by Travesty9090#7215 on May 20, 2018, 11:10:26 PM Quote this Post
looks good - anything that expands the game, bring more players, more servers, more developers, more money and more patchs and more leagues to path of exile it's a good and big deal. My end, it justifies my means, All I ever do is delay, My every attempt to evade, The end of the road And my end....	Posted by imLuCaSsS#6273 on May 20, 2018, 11:10:27 PM Quote this Post
Well... on the bright side... at least it wasin't EA or Activision. I know first hand from having Dark Age of Camelot and Diablo destroyed how awful those two companies are. I have no personal experience with Tencent, so perhaps a past-time I cherish can be screwed over in a way that will at least surprise me... It's weird... I was going to take tomorrow off work, kick back, listen to some D&C and EVS on youtube, join some pubs and grind my Necro to 93... ...now I am worried about my time investment. I'm afraid to put energy into a game that might become something I no longer enjoy - not due to GGG messing up, but because of outsiders meddling in a winning formula. Motivation to play is sorta killed now. ...and for the record... I loved Bestiary and will miss it.	Posted by Sabranic_SilverDeth#2793 on May 20, 2018, 11:12:00 PM Quote this Post
" Astealoth wrote: Diving head first into shark infested waters with this one. Chinese investors are not widely regarded as trustworthy or sensible. LoL has the worst business model of all the successful MOBAs and that has held back it's western growth magnificently. DOTA 2 and Smite have stolen massive market share at least in part for having player-centric business models. PoE has been relatively fair over the years, but the feature creep going on with storage is starting to become pretty P2W. You can't compete with people who have full storage kits anymore as a player on a tight budget who can't buy every new storage tab feature, the full kit is insanely powerful at this point and also extremely expensive. Are we going to see the price of the full storage kit continue to radically expand or are we going to start seeing new features added to existing tabs instead? Will that decision really be GGGs? People will question it either way. Will GGG be afraid to try a good monetization idea for fear of being mocked for taking Tencent orders? I hope Tencent is bringing something really valuable to this deal, because you're giving up more than you're admitting to be under their thumb. You must have a pretty broad definition of what "P2W" is. Care to elaborate how? And it's not like this game is PvP based. So I don't know what people are winning even if that were the case, which I don't remotely think it is.	Posted by YohSL#2995 on May 20, 2018, 11:12:43 PM Quote this Post
" iamnotspock wrote: " WillisTheWillis wrote: The true question is is Tencent the biggest shareholders now? As long as the answer is no, I don't think there will be any big issue, at least in a foreseeable future. Yes, Majority means greater than 50.01% Well, technically it means "greater than 50.0%, not 50.01, since 50.01 shares also majority shares or 50.001 for that matter." By the way; https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/1887410/shareholdings Seems like Tencent owns %80 of the shares. Also this is not an acqusition. In an acqusition, a company becomes subsidiary for another company, this is a stock buying. It may not seems much but response from GGG about employees not being Tencent employee now was about this. Last edited by TheMithra#4759 on May 20, 2018, 11:15:49 PM	Posted by TheMithra#4759 on May 20, 2018, 11:12:54 PM Quote this Post
" Travesty9090 wrote: The predictable scenario here is that Tencent and GGG have underestimated the fact that people's willingness to buy supporter packs/MTXs is to support an independent company. Now, that willingness declines, Tencent gets pissed their ROI isn't what they wanted, and they make changes. Then it's RIP. This is my great fear as well - and it has happened too many times for me to count. Last edited by Sabranic_SilverDeth#2793 on May 20, 2018, 11:19:03 PM	Posted by Sabranic_SilverDeth#2793 on May 20, 2018, 11:14:34 PM Quote this Post
Seems Tencent bought 80% https://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/1887410/shareholdings	Posted by oliNZ#6847 on May 20, 2018, 11:15:30 PM Quote this Post
OOPS! Feels like my HC toon got desync'ed and died	Posted by Lex521#4013 on May 20, 2018, 11:15:46 PM Quote this Post