Tencent Investing in PlayerUnknown’s Battlegrounds Studio – Report

League of Legends parent company has invested an unknown amount in Bluehole.

Posted By | On 15th, Aug. 2017

PlayerUnknown's Battlegrounds

It seems that Bluehole’s PlayerUnknown’s Battlegrounds is growing even larger. A report from Chinese website Jiemian News (via Yicai Global), an “informed source” has revealed that Chinese tech giant Tencent is investing in Bluehole. Following a rejected acquisition bid, Tencent had apparently invested an unrevealed amount in the company.

Tencent is fairly well known for not only owning Riot Games, developer of popular MOBA League of Legends, but also for having Activision Blizzard shares. This move seems to indicate a growing investment in eSports, especially considering how well League of Legends and its own mobile MOBA Honour of Kings (which launched in Europe recently as Arena of Valour) are both doing.

PlayerUnknown’s Battlegrounds, meanwhile, is the most played non-Valve game on Steam having accumulated more than 500,000 concurrent players at one point. Despite being in Early Access, the game has managed to sell over 4 million copies in the meanwhile and is making forays into competitive spheres as well. It will also releases on the Xbox One and Xbox One X by 2017 end via the Game Preview Program.


Amazing Articles You Might Want To Check Out!

Keep On Reading!

Sony Does Not Have Plans to Bid for Acquisition of Warner Bros. Discovery

Sony Does Not Have Plans to Bid for Acquisition of Warner Bros. Discovery

Rather than making major deals in the US film industry, Sony is interested in "growth markets" with double-dig...

Stray is Coming to PlayStation Plus Essential in November – Rumor

Stray is Coming to PlayStation Plus Essential in November – Rumor

BlueTwelve Studio's feline-coded adventure game, which released to strong critical acclaim in 2022, is apparen...

Dying Light: The Beast’s New Game+, Legend Levels and Nightmare Mode Detailed

Dying Light: The Beast’s New Game+, Legend Levels and Nightmare Mode Detailed

Most of the major updates coming to Dying Light: The Beast over the 11-week plan set forth by Techland revolve...

Cancelled Multiplayer God of War Screenshots Leaked – Rumour

Cancelled Multiplayer God of War Screenshots Leaked – Rumour

Leaked screenshots of the cancelled project indicate that it would have taken players back to the God of War's...

Halo 5: Guardians at 10 – How Does It Play in 2025?

Halo 5: Guardians at 10 – How Does It Play in 2025?

Halo 5 turns 10 this year. Here's what makes returning to it so charming yet frustrating at the same time.

“Halo is on PlayStation Going Forward,” Confirms Halo Studios Community Director

“Halo is on PlayStation Going Forward,” Confirms Halo Studios Community Director

Halo Studios' Brian Jarrard says the remake coming to PlayStation is "just going to mean more Halo for everyon...