Everyone want know that who owns PUBG? PlayerUnknown’s Battlegrounds (PUBG) is an immensely popular online multiplayer battle royale game that has overtaken the gaming world.
This game was developed and published by the PUBG Foundation Millions of players worldwide have been captivated by its intense gameplay and competitive nature.
In this article, we delve into the ownership structure of PUBG Corporation and explore the journey of ownership transitions that have shaped the game’s development.
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Contents
Lets Explain with Details About Who Owns PUBG?
Ownership Origins
PUBG was created as a mod for ARMA 2 by Brendan Greene, a game designer and developer known by his online alias “PlayerUnknown.”
After the success of his mod, Greene collaborated with Korean game developer Bluehole Inc., which later became PUBG Corporation, to develop a standalone version of the game.
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Bluehole Inc. and PUBG Corporation
Bluehole Inc., based in South Korea, played a significant role in the early development of PUBG. Founded by Chang Byung-gyu, a veteran game developer, Bluehole Inc.
Became the parent company of PUBG Corporation. Under the leadership of Chang Byung-gyu, Bluehole Inc. facilitated the resources and expertise necessary to transform PUBG into a global phenomenon.
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Tencent Holdings’ Investment
In 2017, as PUBG gained immense popularity, PUBG Corporation caught the attention of Tencent Holdings, a Chinese multinational conglomerate focusing on internet-related services and products.
Recognizing the enormous potential of PUBG, Tencent invested in Blowhole Inc. and acquired a significant minority stake in the company.
Tencent’s investment brought substantial financial resources to PUBG Corporation, allowing for further development and expansion of the game.
However, the involvement of Tencent, a Chinese company, raised concerns in some regions due to data privacy and security issues. Several countries, including India, temporarily banned the game, citing national security concerns.
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Creation of Krafton Game Union
To address the concerns surrounding Tencent’s involvement, PUBG Corporation underwent a corporate restructuring. In 2020, Bluehole Inc. rebranded itself as Krafton Game Union, serving as the parent company for PUBG Corporation and other subsidiaries.
Krafton Game Union oversees the development and management of PUBG and its various iterations, including PUBG Mobile and PUBG Lite. The company has expanded its portfolio by diversifying into other gaming ventures, acquiring studios, and investing in new game development projects.
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Conclusion
PUBG, initially a mod created by Brendan Greene, has evolved into a global gaming sensation under the ownership of PUBG Corporation, a subsidiary of Krafton Game Union.
The game’s journey has seen significant investment from Tencent Holdings, leading to further growth and development. The restructuring of Bluehole Inc. into Krafton Game Union helped address concerns related to ownership and paved the way for the game’s continued success.
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As PUBG continues to dominate the battle royale genre, it serves as a testament to the ever-evolving gaming industry landscape. With ongoing updates, new game modes, and a strong community of players, PUBG remains a powerhouse in the world of online gaming, captivating millions of players around the globe.