Tencent leads 10% acquisition of PUBG-maker Bluehole for $500m: Report

A pedestrian walks past Tencent Holdings Ltd.'s new under-construction headquarters in Shenzhen, China, on Monday, Aug. 22, 2016. Photographer: Qilai Shen/Bloomberg

Chinese tech giant Tencent is leading a group of investors in acquiring a 10-per cent stake in one of the world’s top PC games maker Bluehole for more than $500 million, valuing the South Korean firm at more than $5 billion, according to a Wall Street Journal report.

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