Is PUBG Mobile still with Tencent?

PUBG Corporation is a subsidiary of Bluehole Games, the South Korean company that developed PUBG. Exactly a week since its ban and 24 hours after it severed ties with Tencent Games

Tencent Games

Tencent Games (Chinese: 腾讯游戏; pinyin: Téngxùn Yóuxì) is the video game publishing division of Tencent Interactive Entertainment, itself a division of Tencent Holdings. It has five internal studio groups, including TiMi Studio Group.

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Tencent Games - Wikipedia

in India, the South Korean maker of popular mobile game PUBG is scouting for an Indian partner to revive the popular game's fortunes.

Is PUBG Mobile getting removed?

The list included PUBG Mobile, one of the most popular gaming apps in India. After almost two days since the ban, PUBG Mobile has now been removed from the Google Play Store and the App Store in India. PUBG Mobile is no longer available to download for Android and iOS users.

Is PUBG owned by Tencent or Krafton?

Krafton Inc.

The company has produced or owns the rights to several notable video game titles including TERA, PUBG: Battlegrounds, New State Mobile, and Moonbreaker. According to Forbes, Chang has a net worth of $2.9 billion and is one of the seven gaming billionaires in South Korea.

Did PUBG cancel partnership with Tencent?

PUBG cuts publishing ties with Tencent Games in India a week after ban. PUBG said on Tuesday Chinese giant Tencent Games will no longer be the publishing partner of the popular game in India as it attempts to allay concerns of New Delhi, which banned the game and 117 other apps last week.

Is PUBG Mobile owned by China?

Player Unknown's Battlegrounds Mobile also known as PUBG Mobile is developed and managed by PUBG Corporation, which is a subsidiary of the South Korean gaming company Bluehole. After its initial success, Chinese giant Tencent joined hands with Bluehole to distribute the game in China.

OLD @athenagamingyoutube IS BACK || BUT TENCENT STILL HATES HIM 😅 || PUBG MOBILE

Who owns PUBG Mobile now?

PUBG Mobile is a free-to-play battle royale video game developed by LightSpeed & Quantum Studio, a division of Tencent Games. It is a mobile game adaptation of PUBG: Battlegrounds. It was initially released for Android and iOS on 19 March 2018.

Why did China ban PUBG?

The strangest of all is the China ban of the game, considering Tencent Holdings is based out of China. The reason behind PUBG Mobile ban in its origin country is the amount of bloodshed in the game. Tencent has found a workaround for this and created a separate version of the game called Game For Peace.

Why did Tencent sell PUBG?

Due to the game's publisher Tencent Games, being a Chinese company, PUBG Mobile also fell under the list of apps banned in India due to security concerns. With the latest move, PUBG Mobile will now be solely taken care of by PUBG Corporation which is a South Korean company.

Why is Tencent shutting down?

Tencent is shutting down its video game streaming platform months after Beijing shut down a huge merger that would have made the Chinese internet giant a major player in the area. The service Penguin Esports will shut down from June 7, Tencent said, citing a change of business strategy.

Why is PUBG not Tencent?

The maker of the hit video game PlayerUnknown's Battleground (PUBG) has cut ties with Tencent in India after Delhi banned apps with links to China. PUBG Mobile was one of 118 Chinese apps that the Indian government blacklisted over national security concerns.

What is PUBG now called?

PUBG: Battlegrounds (previously known as PlayerUnknown's Battlegrounds) is a battle royale game developed by PUBG Studios and published by Krafton.

How much did Tencent acquire PUBG for?

The deal is reportedly worth £919 million ($1.27 billion), and means Tencent will fully own the company. This isn't the first big acquisition the Chinese tech conglomerate have made, and I'm sure it won't be the last.

How much did PUBG sell for?

Krafton Inc., creator of hit video game PUBG: Battlegrounds, plummeted in its Tuesday debut after pulling off a $3.8 billion initial public offering that was South Korea's biggest in over a decade.

Is PUBG Mobile still playable?

Battlegrounds Mobile India ( BGMI ) was launched in India after the popular battle royale game PUBG Mobile was banned in the country, along with several other Chinese apps. BGMI has now been banned in India, just a year after it was launched in the country.

Will PUBG Mobile be back?

PUBG Mobile 2.4 Update rolled over on 6 January 2023. Level Infinite generally introduced a new version once in two months. Hence, we can expect the 2.5 Update to roll out around Mid March. This is all for the upcoming update.

Who owns 30% of Tencent?

South African media company Naspers purchased a 46.5% share of Tencent in 2001. As of 2021, it owns 30.86% through Prosus, which also owns a stake in Tencent's sister companies, such as OLX, VK, Trip.com Group, Delivery Hero, Bykea, Meesho, Stack Overflow, Udemy, Codecademy, Brainly and PayU.

Why is Tencent buying everything?

Tencent is allegedly shifting its M&A strategy to "aggressively" focus on "buying majority stakes mainly in overseas gaming companies." As reported by Reuters, this change is in part due to Tencent's attempt to battle the slowing growth in its home country of China.

Will Tencent go up again?

Conclusion. I think that Tencent continue to have strong growth drivers across all its main businesses. With improvements in the macroeconomic environment, relaxing of covid-19 measures in China and China's renewed focus on growth, we will see a strong ads revenue growth in 2023, in my view.

Why did PUBG Mobile get banned?

National Security Concerns

One of the biggest reasons behind the ban of PUBG Mobile in India is concerns regarding data privacy of users. The servers of the game are located in China, and it was believed that user data was being stolen and transferred to .

Why was PUBG taken from App Store?

The government announced a ban over 118 Chinese apps over data theft and security concerns. Earlier, TikTok was a popular app that was caught in this slaughter and now the popular game PUBG Mobile / PUBG Mobile Lite join the table.

What game does Tencent own?

Tencent has a very solid foundation for its global games operations, thanks to ownership of Riot Games, Funcom, Sharkmob, the Leyou Technologies group (including Digital Extremes and Splash Damage), and stakes ranging from 4% to 84% in Remedy, Epic Games, Activision Blizzard, Ubisoft, Krafton, Supercell, Frontier ...

Is PUBG available in USA?

PUBG Mobile, the smartphone and tablet version of the hit PC game Player Unknown's BattleGrounds (PUBG) is currently available to download and play in the US and Canada.

Is PUBG banned in Japan?

PUBG Mobile Japanese official app is only serviced in Japan. You may link your social media accounts as Google・Facebook・Twitter to the game but the game won't be playable outside of Japanese territory. This applies the same to PUBG Mobile serviced in other regions.

What is alternative of PUBG in China?

As per latest report, Tencent has replaced PUBG with Game of Peace in China.