Chinese tech and entertainment giant Tencent is looking at investing in PUBG parent firm Bluehole.

Word comes by way of The Korea Herald, which has confirmation from the Playerunknown's Battlegrounds maker that Tencent is considering an investment.

Big money deals

Local media reports that this investment will be to the tune of $468 million. Combined with Tencent's prior five per cent investment in Bluehole, the Chinese firm will have a total of $651 million invested. That represents a ten per cent stake.

Tencent's close ties with Bluehole and PUBG Corp resulted in the Chinese gaming giant developing and publishing mobile versions of Playerunknown's Battlegrounds in China and the rest of the world to great success.

Our sister-site PCGamesInsider.biz has the full story.