No, Tencent did not spend money on the PlayerUnknown’s Battlegrounds studio

No, Tencent did not spend money on the PlayerUnknown’s Battlegrounds studio

Last week, you’ll have learn that the enormous Chinese company Tencent – who rely League of Legends studio Riot amongst their many gaming holdings – had been investing in PlayerUnknown’s Battlegrounds builders Bluehole. Turns out: it’s not true.

Get your ft moist with our PUBG guide.

Tencent despatched the next assertion to gamesindustry.biz:  

“These reports are not accurate. Tencent didn’t make an investment into Bluehole.”

The story originated with Chinese web site Jiemian News, who had been picked up by Yicai Global. According to them, Jiemian cited “an informed source” for his or her report that Tencent had been backing Bluehole, and certainly had initially deliberate to amass the Korean devs outright, however had been turned down.

In equity to Jiemian (and everybody who re-reported them), it sounds credible sufficient. Tencent lately backed one other international studio, taking a 9% stake in UK devs Frontier Developments, makers of Elite Dangerous and Planet Coaster.

PUBG’s astonishing success to this point and its reputation in China (19% of its participant base are Chinese) would make Bluehole a tempting goal for anybody with Tencent’s cash, however maybe they determined they did not want it; word that Tencent’s assertion does not say they did not method Bluehole with a suggestion.

Maybe Jiemian’s supply simply assumed it could be higher acquired? If so, there’s an opportunity Tencent might strive once more.

 
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