The Tencent Holdings Ltd.-backed firm, which cut its offering by more than 1 trillion won ($870 million) ... Tencent-Backed Krafton Tumbles After $3.8 Billion IPO. 1 / 5.

Krafton – 13.9 percent . Yes, Tencent owns a piece of both Fortnite and PUBG, the two founding father battle royales. What's even more amusing is that Tencent also has rights to publish both ...

Today, Tencent replaced hugely popular battle royale shooter game PUBG with a more government-friendly alternative that seems primed to pull in significant revenue.

SEOUL/HONG KONG (Reuters) -Shares in Krafton Inc, the Tencent Holdings-backed South Korean company behind blockbuster video game "PlayerUnknown's Battlegrounds" (PUBG), fell as much as 20% on ...

The South Korean government has officially begun the sale process for a significant stake in NXC Corp., the holding company of gaming giant Nexon. The shares were transferred to the state last year by ...

The company’s only two hit games are Honor of Kings, a League of Legends mobile copycat, and PUBG Mobile, a mobile version of Krafton’s PUBG. Tencent’s other global asset, Supercell, was ...

Krafton has made many significant business decisions — including cutting ties with Tencent as publisher and switching to Microsoft’s Azure for servers in India — to address New Delhi’s ...

The United States Defense Department labeled Tencent Holdings Limited as a "Chinese military business operating in the United States," as reported by The New York Times. The company joins a list ...

If TenCent does step aside, AJ and other minority investors will now be in a position to negotiate that buyout. That may or may not be that hostile takeover, depending on how the Guillemots cut it.

Tencent, the world’s largest game publisher by revenue, is the second-biggest shareholder in Shift Up, after Kim. The Chinese company owns a 35% stake through Aceville, a Singapore-based ...