When did Tencent buy PUBG?
Tencent bought an undisclosed stake in PUBG developers Bluehole in 2017, with speculations suggesting the stake to be around 10%. The acquisition marked a significant move in the gaming industry, given PUBG‘s massive popularity and Tencent‘s expansive influence in the global gaming market, especially with its development and publication of PUBG Mobile through its divisions.
Introduction to PUBG and Tencent
The relationship between Tencent and PUBG is multifaceted, involving not just ownership stakes but also publication and development of PUBG Mobile, a mobile adaptation of the original PUBG: Battlegrounds game. Understanding this relationship requires diving into the history of both companies and their interactions over the years.
History of PUBG and Tencent
PUBG, or PlayerUnknown’s Battlegrounds, was first launched in early access in March 2017 by Bluehole, a South Korean video game company. Tencent, a Chinese multinational technology and entertainment conglomerate, saw the potential in PUBG and moved to acquire a stake in Bluehole later in 2017. This move was part of Tencent‘s strategy to expand its gaming portfolio, which already included significant stakes in other gaming companies.
Frequently Asked Questions
1. Is PUBG owned by Tencent?
PUBG is developed and published by PUBG Corporation, a subsidiary of the South Korean video game company Bluehole. While Tencent owns a stake in Bluehole, it does not fully own PUBG but has significant influence, particularly through the publication of PUBG Mobile.
2. Did Level Infinite buy PUBG Mobile?
Level Infinite took over the publishing of PUBG Mobile from Tencent Games, contributing to the game’s global growth and success. This change reflects the evolving landscape of game publishing and distribution.
3. When did PUBG cost money?
PUBG: Battlegrounds initially launched in early access in March 2017 and cost $29.99. It transitioned to a free-to-play model in January 2022, with optional paid services like Battlegrounds Plus.
4. Who is the owner of PUBG?
The owner of PUBG is PUBG Corporation, a subsidiary of Bluehole, with Brendan Greene as the creator and Kim Chang-han as the CEO of PUBG Corporation.
5. Is PUBG owned by a Chinese company?
While PUBG itself is not owned by a Chinese company, Tencent, a Chinese conglomerate, has a significant stake in Bluehole, the parent company of PUBG Corporation.
6. Why is PUBG banned in India?
PUBG Mobile was banned in India due to national security concerns and data privacy issues, as the game’s servers were located in China, raising concerns about user data being transferred.
7. How much is the PUBG owner worth?
Kim Chang-han, associated with Krafton Inc., has a net worth of $2.9 billion, according to Forbes, making him one of the wealthiest individuals in the gaming industry.
8. How much money does PUBG make a day?
PUBG Mobile generates significant revenue, with an average of $8.1 million per day in 2021, highlighting its immense popularity and financial success.
9. What is the old name of PUBG?
The old name of PUBG is PlayerUnknown’s Battlegrounds, with the game now commonly referred to as PUBG: Battlegrounds.
10. Which is the rarest set in PUBG?
The rarest sets in PUBG include the PlayerUnknown’s Outfit, Cloth Mask Leopard, and Leather Hoodie (Black or White), sought after by players for their uniqueness and rarity.
11. Is Tencent now Level Infinite?
Level Infinite is a game publishing brand under Tencent Games, launched in December 2021, indicating a rebranding and expansion of Tencent‘s gaming division.
12. Is anyone level 100 in PUBG?
The highest level achievable in PUBG Mobile is 100, with some dedicated players reaching this milestone through extensive gameplay.
13. Does China own Tencent?
Tencent is a Chinese multinational technology and entertainment conglomerate, headquartered in Shenzhen, China.
14. Why did PUBG leave Tencent?
PUBG Corporation cut ties with Tencent in regions like India due to concerns over data privacy and security, reflecting the complex geopolitical landscape affecting the gaming industry.
15. Can people get paid to play PUBG?
Yes, through various means such as participating in PUBG tournaments and using apps like BUFF, players can earn money by playing PUBG, turning their gaming skills into a source of income.