<ul><li>Tencent has acquired a 16% stake in Arrowhead Game Studios, the developers of co-op shooter Helldivers 2, for $86 million back in July 2024.</li><li>The recent valuation of Arrowhead Game Studios is around $532 million with an operating profit of $76 million.</li><li>This acquisition may lead to an expansion of Helldivers 2's reach in China, according to the studio's Chief Creative Officer, Johan Pilestedt.</li><li>Tencent's continued investments in various game studios indicate the ongoing consolidation of the gaming industry under one large entity.</li></ul>

Helldivers 2 studio Arrowhead has apparently had a chunk of its ownership bought up by Tencent

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