Tencent purchased a 15.75 percent stake in Helldivers 2 developer Arrowhead Game Studios in July 2024 for $83 million, according to Swedish website Dagens Industri (via Insider Gaming).
The developer at the time was valued at $532 million. The report also reveals the studio had a turnover of $100 million and an operating profit of $76 million.
Arrowhead Game Studios’ CCO and Co-Founder Johan Pilestedt said the partnership will give the company more opportunities in the Chinese market.
“Chinese player base is the holy grail in the gaming industry,” said Pilestedt.
Arrowhead Game Studios last month announced it will be self-funding its next game and won’t be working with an external publisher. This did spark some concerns by fans that the studio would be moving away from Helldivers 2, however, Jorjani stated they are still focused on the game.
Helldivers 2 released for the PlayStation 5 and PC in February 2024.
A life-long and avid gamer, William D’Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012 and taking over the hardware estimates in 2017. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel. You can follow the author on Bluesky.
Full Article – https://www.vgchartz.com/article/464906/tencent-acquired-a-1575-stake-in-helldivers-2-developer-arrowhead-for-83-million-in-july-2024/
