News

Tencent eyes investment in Playerunknown's Battlegrounds outfit Bluehole

Local media reports investment could equal around $468 million

Tencent eyes investment in Playerunknown's Battlegrounds outfit Bluehole

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.


PCGamesInsider Contributing Editor

Alex Calvin is a freelance journalist who writes about the business of games. He started out at UK trade paper MCV in 2013 and left as deputy editor over three years later. In June 2017, he joined Steel Media as the editor for new site PCGamesInsider.biz. In October 2019 he left this full-time position at the company but still contributes to the site on a daily basis. He has also written for GamesIndustry.biz, VGC, Games London, The Observer/Guardian and Esquire UK.

Comments

No comments
View options
  • Order by latest to oldest
  • Order by oldest to latest
  • Show all replies