Beijing might prohibit Chinese tech giants from listing outside the country. If the new regulations come into force, companies that operate “large amounts of sensitive consumer data” won’t be able to go public in the US.

Krafton finally went public on August 10, raising $3.8 billion through IPO. However, the company’s shares dropped due to investors’ concerns that it relies only on one single game.

Krafton has officially announced that it is going public next month. The company behind PUBG is now planning to raise ₩5.6 trillion ($5 billion) through IPO.

Mighty Kingdom, known for games like Peter Rabbit Run! and Shopkins, has become public after raising A$18 million in IPO funding earlier this year.

PlayerUnknown’s Battlegrounds parent company Krafton has applied for an IPO.

Mobile marketing platform AppLovin went public just over a month after announcing its decision. The company raised $1.8 billion in its initial public offering.

Krafton, which owns PUBG, significantly increased its earnings in 2020 and has now become one step closer to going public.