Tencent's investment in western video game companies continues - this time it's bought nine per cent of Frontier for £17.7m.

Frontier, maker of Elite Dangerous and Planet Coaster, said the investment will "accelerate and improve Frontier's access to the growing and already very significant Chinese market".

It added that the proceeds will "augment" the Cambridge-based company's existing cash resources of £12.6m.

Tencent already has a stake in many well-known western video game companies, including League of Legends maker Riot, Clash of Clans company Supercell and Unreal Engine maker Epic.

As for Frontier, it's maintaining both Elite Dangerous and Planet Coaster with new updates, and has a brand new game in the works.

Sometimes we include links to online retail stores. If you click on one and make a purchase we may receive a small commission. For more information, go here.

Jump to comments (11)

About the author

Wesley Yin-Poole

Wesley Yin-Poole

Deputy Editor

Wesley is Eurogamer's deputy editor. He likes news, interviews, and more news. He also likes Street Fighter more than anyone can get him to shut up about it.

More articles by Wesley Yin-Poole

Comments (11)

Hide low-scoring comments
Order
Threading

Related

RecommendedPlanet Coaster review

Fairground distraction.

Elite Dangerous guide

Our essential guide to flying the unfriendly skies in the new Elite.

Digital FoundryDigital Foundry's best Black Friday tech deals: November 20th, 2018

Our picks for the best TVs and monitors, PC hardware and peripherals.