{"id":18920,"date":"2018-04-30T16:26:00","date_gmt":"2018-04-30T16:26:00","guid":{"rendered":"http:\/\/www.gamasutra.com\/view\/news\/317307"},"modified":"2018-04-30T16:26:00","modified_gmt":"2018-04-30T16:26:00","slug":"report-tencent-could-sink-470m-into-battlegrounds-dev-bluehole","status":"publish","type":"post","link":"https:\/\/sickgaming.net\/blog\/2018\/04\/30\/report-tencent-could-sink-470m-into-battlegrounds-dev-bluehole\/","title":{"rendered":"Report: Tencent could sink $470M into Battlegrounds dev Bluehole"},"content":{"rendered":"<p>Chinese tech\u00a0outfit Tencent might be looking to sink more cash into <em>PlayerUnknown&#8217;s Battlegrounds<\/em> developer Bluehole.\u00a0<\/p>\n<p><a href=\"http:\/\/www.koreaherald.com\/view.php?ud=20180430000772\">As reported by The Korea Herald<\/a>, the company\u00a0wants to purchase a 10 percent stake in Bluehole for around 500 billion won ($468 million).\u00a0<\/p>\n<p>Tencent already owns around 1.5 percent of the studio, meaning its overall stake would rise to\u00a011.5 percent.<\/p>\n<p>Any such deal would make Tencent the second-largest Bluehole shareholder, behind company founder and chairman Chang Byung-gyu &#8212; who currently holds a 20.6 percent stake.<\/p>\n<p>Bluehole has confirmed it&#8217;s looking for\u00a0investors, although stopped short of naming names. That said, the pair are on good terms, having already\u00a0joined forces to <a href=\"http:\/\/www.gamasutra.com\/view\/news\/310471\/Tencent_working_to_bring_Battlegrounds_to_mobile_in_China.php\">bring <em>Battlegrounds<\/em> to China on smartphones and PC<\/a>.\u00a0<\/p>\n<p>Speaking of the popular battle royale shooter, <em>Battlegrounds<\/em> has gone from strength-to-strength since the pair linked up in November last year, <a href=\"http:\/\/www.gamasutra.com\/view\/news\/312386\/Battlegrounds_surpasses_3M_concurrent_players_on_Steam.php\">surpassing 3 million concurrent players on Steam<\/a>, <a href=\"http:\/\/www.gamasutra.com\/view\/news\/312200\/Now_out_of_Early_Access_Battlegrounds_crosses_30M_players.php\">crossing 30 million players worldwide<\/a>, and <a href=\"http:\/\/www.gamasutra.com\/search\/index.php?search_text=battlegrounds&amp;num_results=190&amp;page=2\">attracting over 3 million players on Xbox One<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chinese tech\u00a0outfit Tencent might be looking to sink more cash into PlayerUnknown&#8217;s Battlegrounds developer Bluehole.\u00a0 As reported by The Korea Herald, the company\u00a0wants to purchase a 10 percent stake in Bluehole for around 500 billion won ($468 million).\u00a0 Tencent already owns around 1.5 percent of the studio, meaning its overall stake would rise to\u00a011.5 percent. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":18921,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-18920","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts\/18920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/comments?post=18920"}],"version-history":[{"count":0,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts\/18920\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/media\/18921"}],"wp:attachment":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/media?parent=18920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/categories?post=18920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/tags?post=18920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}