Ubisoft on Thursday announced it's creating a new gaming subsidiary and that Chinese technology giant Tencent will invest 1.16 billion euros ($1.25 billion) into the unit.

Ubisoft Entertainment SA’s US-listed shares soared as much as 20% after the video game maker said it will carve out a unit including Assassin’s Creed, Far Cry and Tom Clancy’s Rainbow Six into a subsidiary with an enterprise value of about €4 billion ($4.

Ubisoft is spinning off some of its top franchises, including "Assassin’s Creed," "Far Cry" and "Rainbow Six," into a new subsidiary funded by Tencent.

Assassin's Creed Shadows has already reached a new milestone, crossing 3 million players since it launched. Ubisoft's latest big game continues to see success early after launch, with the company sharing on Thursday via Instagram that Assassin's Creed Shadows has passed 3 million players already.

Hidden tombs, called Kofun, filled with unique treasure can be found all across Assassin's Creed Shadows - here's where!

For the Assassin's Creed Shadows Killing Field quest, you must kill Wada Koretake's executioner at Nanatsumatsu