Gamasutra is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.


Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
June 24, 2019
arrowPress Releases
If you enjoy reading this site, you might also want to check out these UBM Tech sites:


Report: Tencent could sink $470M into  Battlegrounds  dev Bluehole

Report: Tencent could sink $470M into Battlegrounds dev Bluehole

April 30, 2018 | By Chris Kerr




Chinese tech outfit Tencent might be looking to sink more cash into PlayerUnknown's Battlegrounds developer Bluehole. 

As reported by The Korea Herald, the company wants to purchase a 10 percent stake in Bluehole for around 500 billion won ($468 million). 

Tencent already owns around 1.5 percent of the studio, meaning its overall stake would rise to 11.5 percent.

Any such deal would make Tencent the second-largest Bluehole shareholder, behind company founder and chairman Chang Byung-gyu -- who currently holds a 20.6 percent stake.

Bluehole has confirmed it's looking for investors, although stopped short of naming names. That said, the pair are on good terms, having already joined forces to bring Battlegrounds to China on smartphones and PC

Speaking of the popular battle royale shooter, Battlegrounds has gone from strength-to-strength since the pair linked up in November last year, surpassing 3 million concurrent players on Steam, crossing 30 million players worldwide, and attracting over 3 million players on Xbox One.



Related Jobs

Insomniac Games
Insomniac Games — Burbank, California, United States
[06.24.19]

Open-World Designer
Sweetvine Systems
Sweetvine Systems — Santa Clara, California, United States
[06.24.19]

Art Manager
Disbelief
Disbelief — Cambridge, Massachusetts, United States
[06.24.19]

Senior Programmer, Cambridge, MA
Digital Extremes Ltd.
Digital Extremes Ltd. — London, Ontario, Canada
[06.24.19]

Senior Sound Designer









Loading Comments

loader image