Recently, rumors about Tencent's potential acquisition of Nexon have circulated in media outlets. However, Tencent has officially denied this information.
Rumors of Nexon Acquisition
In recent days, several media outlets reported that Tencent is considering the acquisition of South Korean game developer Nexon for US$15 billion. However, an insider from Tencent stated that the company neither contacted Nexon's founder Kim Jung-ju's family nor took any steps regarding the purchase.
Tencent's Strategic Intentions
According to previous allegations, Tencent aims to strengthen its position in the gaming market by acquiring Nexon. However, there have been no reports of any actions taken by the company in this direction.
Nexon's History and Current Projects
Nexon was founded in South Korea in 1994 and went public in Japan in 2011. The company is renowned for its role-playing games, particularly "MapleStory." In March, Nexon announced the "MapleStory Universe" project, a Web3 version of this iconic game on the Avalanche blockchain. The native token of this new version, NXPC, was listed on major cryptocurrency exchanges, including Binance, Bybit, and Bithumb in mid-May.
Therefore, at this moment, Tencent has not officially confirmed rumors regarding the potential acquisition of Nexon, nor have any negotiations with its founders come to light.
