Tencent To Reportedly Invest $470 Million Into Bluehole

Posted on by Ryan

image-1798442

According to sources for The Esports Observer, Tencent Holdings plan on investing $470 million into Bluehole, the developers behind PlayerUnknown’s Battlegrounds.

Sources for The Korean Harold said that part of this is so Tencent can increase their percentage of the company. While reports vary, Tencent owns between 1.5%-5% of Bluehole and after this investment could own as much as 11.5%. This would make them the second-biggest single sharehold after after Bluehole founder Chang Byung-gyu.

Please keep in mind that nothing has been confirmed and both outlets use anonymous sources within Bluehole.