Odaily Planet Daily News Bloomberg News quoted people familiar with the matter as saying that Tencent Holdings Ltd. is studying a potential deal to acquire South Korean game company Nexon and has contacted the family of Nexon's late founder Kim Jong-joo to discuss the possibility of an acquisition. It is reported that the Kim family is discussing with consultants and evaluating various options. People familiar with the matter said that it is unclear how willing NXC is to sell its stake in Nexon, and there is no guarantee that Tencent's negotiations will lead to a deal, and the specific transaction structure has not yet been finalized. Tencent representatives did not respond to requests for comment, and both Nexon and NXC declined to comment. It is reported that Nexon, which is famous for role-playing games such as "MapleStory", was founded in 1994 and completed the largest technology IPO in Japan at the time in 2011. Its Tokyo-listed shares have risen by more than 10% this year, with a market value of approximately US$15 billion. Tencent tried unsuccessfully to acquire Nexon in 2019. The two had jointly developed Tencent's important revenue-generating game "Dungeon & Fighter".