Tencent Games

Tencent to buy Xiaomi's BlackShark Gaming unit for $470m: Report

Last updated : Jan 12, 2022 21:01
SportzPower Team
Jan 11, 2022 17:01

MUMBAI: A new report claims that the Chinese giant Tencent Games is about to acquire Xiaomi's BlackShark Gaming division in a deal worth approximately CNY 3 billion (a little over $470 million).

Tencent Games is the world's largest gaming company with hits like PUBG: Mobile and Arena of Valor.

According to GSMArena, details surrounding the acquisition are scarce and an official statement on the matter is still missing.

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