Tencent previously tried to buy Nexon in 2019, but talks collapsed over pricing. This new attempt follows Tencent’s $1.3 billion investment in a new Ubisoft unit and a 10% stake in K-pop label ...

SHANGHAI (Reuters) -Tencent said reports that it is studying deals for Nexon and Kakao's mobility unit are untrue. The Korea Economic Daily reported on Wednesday that Tencent was interested in ...

Tencent ADRs rose 1.6% in premarket trading in New York while its Hong Kong-traded shares gained 2.9% to end at HK$279.40. Shares of South Korean-based Nexon surged around 22% in Tokyo.

Tencent and Nexon Know Each Other Well . Nexon is known for long-running online hits like MapleStory, Dungeon & Fighter, and KartRider. The company operates more than 45 live games in over 190 ...

TenCent also owns a bit of Krafton, another Korean game company and a direct rival to Nexon. So there’s a potential conflict of interest if this Nexon deal pushes through.

Shares of Tencent surged over 5%, the best session since a 6.1% gain seen in late July 2023. The stock is up around 9% so far this year. Nexon shares rose 2.4%.

Five companies will be vying for a 98.6 percent stake in MapleStory publisher Nexon, including Chinese mega-conglomerate Tencent. A potential bidding war for South Korean game publisher Nexon is ...

Chinese tech giant Tencent is exploring a potential acquisition of Nexon, the South Korean game developer behind the hit title Dungeon & Fighter, Bloomberg reports. Nexon is heavily invested in ...

SHANGHAI :Tencent said reports that it is studying deals for Nexon and Kakao's mobility unit are untrue.The Korea Economic Daily reported on Wednesday that Tencent was interested in buying a 40 ...

Chinese tech giant Tencent is exploring a potential acquisition of Nexon, the South Korean game developer behind the hit title Dungeon & Fighter, Bloomberg reports. Nexon is heavily invested in Web 3 ...