Playerunknown’s Battleground firm Bluehole has confirmed that Chinese tech giant Tencent has contacted it to purchase a stake.

Speaking to Bloomberg, Bluehole chairman and co-founder Chang Byung-gyu said that Tencent has contacted the game maker with regards to a publishing agreement, as well as offering to purchase an equity stake in the firm.

Though Chang does not go into further details, Bloomberg reports that he says talks are ‘promising’.

“Tencent can be a very important partner for us,” he said.

Bloomberg also says that Bluehole is valued at $4.6bn – using a site that PCGamesInsider.biz is currently unable to access, potentially due to PUBG fans checking out the source.

The Tencent news comes after rumours in the Chinese media that Bluehole subsequently denied.

Tencent investing in Bluehole would not be a surprise given that it is upping its position in the games sector having already bought League of Legends giant Riot Games as well as Finnish mobile stars Supercell, makers of Clash of Clans and Clash Royale.