Tencent-backed S Korean firm Krafton sinks on debut

Tencent-backed S Korean firm Krafton sinks on debut

Photo: Unsplash

Shares in Krafton Inc, the Tencent-backed South Korean company behind blockbuster video game “PlayerUnknown’s Battlegrounds” (PUBG), fell as much as 20% from their IPO price on their trading debut on Tuesday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter