Update, May 3: According to The Investor, Tencent is aiming to invest more than 600 billion Korean won (around $562 million) into PlayerUnknown’s Battlegrounds developer Bluehole, increasing their stake in the company from 5% to 10% and making the Chinese publishers the second largest shareholders.
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One of The Investor’s industry sources told them, “since last year, Tencent has been contacting venture capitals that had stakes in Bluehole”. Other big investors including Microsoft were competing for the deal, but Tencent seems more appealing to Bluehole due to their extensive global distribution network.
from
https://www.pcgamesn.com/playerunknowns-battlegrounds/pubg-bluehole-tencent
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