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Tencent to Acquire Chinese Smartphone Brand Black Shark for VR Market-?

January 11, 2022
Source: tmtpost.com tmtpost.com
News Snapshot:
Image: Black Shark BEIJING, January 10 (TMTPOST) — Chinese Internet and game giant Tencent is planning to acquire smartphone company Black Shark, tech media 36Kr reported. Under the deal, Black Shark will merge with Tencent's Platform & Content Group directed by Ren Yuxin. Black Shark will shift its focus from smartphones for gaming to VR devices, according to the deal. While Black Shark will provide VR devices for consumers, Tencent will be supplying the content. Founded in 2017 with financing support from Xiaomi, Black Shark specializes in making smartphones and accessories for gaming. According to information on enterprise record platform...
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Tags: 36Kr | acquisition | Beijing | brand | Business | capital | CEO | China | Chinese | consumer | content | currency | Huawei | Internet | online game | Renminbi | seafood | smartphone | statistics | technology | Tencent | Tianjin | venture capital | Xiaomi | Yuan

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