Tencent Holdings Limited is reportedly raising billions of dollars to acquire a US or South Korea-based gaming studio. Rumor is that the Chinese gaming major could be looking at acquiring Take-Two Interactive or Electronic Arts. There's also the other possibility that Tencent is raising funds to develop its own GTA competitor.
https://www.notebookcheck.net/Grand-Tencent-Auto-Tencet-reportedly-raising-billions-for-acquisition-of-Take-Two-Interactive-or-Electronic-Arts.516951.0.html