Ubisoft shareholders think Valorant stole their game sales, how come?

Ubisoft Shareholders – Shareholders’ meetings are a moment where the game company discusses the results of their company and the latest plans. In addition, investors can also ask about the company they have invested.

However, there is a unique question from one of Ubisoft’s investors who enough to make many parties wonder. What kind of question was asked by the veteran investor?

Ubisoft shareholders think Valorant will steal their game sales

Reporting from Insider Gaming, in the Meeting of Shareholders of Ubisoft, one shareholders or shareholders give very attractive questions. These shareholders criticize company leadership and are disappointed with declining stock prices.

I am not happy with a chaotic stock price, -40% in the last 10 years, and I am very disappointed with what we have seen lately. I have a real concern. I don’t know Ubisoft that I used to know.

Ubisoft Shareholders

Apparently, this shareholder is very unhappy with what happened in Ubisoft lately. According to him this makes the company bad and cause shares to decline.

And on the other hand, he also asked the game to the game which he said was very popular among gamers, namely Valorant. He wants to know what the company’s opinion regarding the game is like.

Regarding competition, there is a gamem that is widely talked about by many people, Valorant. Many people say good things about the game, and I want to know what the company thinks about this game. Is there a good thing that Ubisoft can learn from the game? Actually, what is the company’s opinion about this game? Looks like all gamers like it. And if they like it, that means there will be a decline in sales for Ubisoft. So what do you think?

Ubisoft Shareholders

This question is certainly quite confusing where Valorant itself is a free-to-play game and also a game with a genre that is quite different from Ubisoft’s live service games like Rainbow Six Siege even though both are FPS games.

In addition, Ubisoft itself is a gaming company that has many single-player titles so that it has a very different market from the Valorant game and certainly does not have a close relationship related to declining sales.

And if discussed further, the largest shareholder of Ubisoft and Riot as the developer of Valorant himself is Tencent so that the question that arises may be a strange thing for gamers.

Ubisoft give an explanation

The question is certainly answered by the company being represented by Chief Financial Officier Frederick Duguet. He explained about the impact of Valorant on their company’s sales.

What we do is see various operators in the market for multiplayer games, for the First Person Sshooter game, if you see Rainbow Six and other similar games, this is what we try to do. Valorant is the top 5 game, Rainbow Six is the top 15 game, what we want to do is reach the top 10 and top 5 in the future. Something we can learn from Valorant is that we increase the overall offer for our game.

Frederick Duguet

He also then explained that increasing the content for Rainbow Six Siege and also a transfer to free-to-play to ensure the survival of games in this competitive world.

Although this is a pretty “unique” question, it seems that the company is monitoring the development of other games that feel still related to their games even though overall this questionable game has a fairly different market.

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