17.66% ownership of South Korean mobile developer Netmarble.[166] Approximately 15% ownership of American mobile game developer Glu Mobile[167] 13.54% ownership of South Korean company Kakao, the parent company of South Korean publisher Kakao Games.[168][169] 9% ownership in UK developer Frontier Developments[170] 5% ownership of Chinese company Century Huatong, which operates games developed by FunPlus.[171] Tencent became a shareholder through an investment in Century Huatong's subsidiary Shengqu Games.[172] 5% ownership of American holding company Activision Blizzard, the parent company of Activision, Blizzard and King[167] 5% ownership of Swedish publisher Paradox Interactive[167] 5% ownership in France's Ubisoft, purchased from Vivendi following Vivendi's failed attempt to buy out Ubisoft in March 2018[173][174] 1.5% ownership of South Korean company Bluehole, the publisher of PlayerUnknown's Battlegrounds.