Rumors circulating within the tech industry suggest China’s leading technology company Tencent is exploring the acquisition of South Korean game developer Nexon. If successful, this move would further cement Tencent’s dominance in the gaming sector. 44.4% of Nexon shares are owned by NXC Corp., which also holds a significant stake through its subsidiary NXMH BV. Kim Jung-ju’s family, who control a substantial portion of NXC, is being approached about the potential acquisition. However, it remains unclear if and how openly NXC would consider selling its stake. Tencent previously failed to acquire Nexon in 2019, but recent interest in South Korean assets suggests a renewed pursuit.