Tencent is close to purchasing Black Shark, a gaming handset maker.

Move could help the tech behemoth further its ambitions for the metaverse, people in the know have said

Tencent is looking to acquire Black Shark gaming handset makers for a deal worth $1.1 billion. This will help the company reach their ambitions for the metaverse even more.


Tencent has begun talks to buy Black Shark, a niche maker of gaming phones and accessories, according to people familiar with the matter.the information hasn’t been made public.

The smaller firm, whose assets include Xiaomi , is pivoting to make virtual reality headsets for its new parent after the deal, one of the people said.


Reps for Tencent, Black Shark and Xiaomi.

The company did not respond to requests for feedback.


There were rumors about the potential acquisition. a local trade publication. 36Kr.


Alongside Facebook’s Meta Platforms, China’s largest firm is also a candidate to create the metaverse.

Conceived as a virtual world, internet explorer can be an interactive environment where you can interact with others and the web. In a recent earnings call, Tencent president Martin Lau called the metaverse “immensely exciting.”“a chance that’s good to explore”.

Sarkar also said that it would take a while for the concept to come into fruition.


Developing specialized hardware is one of the key pillars of realizing the metaverse.

Meta is one of the earliest movers.,


buying VR headset maker Oculus in 2014, while top Chinese rival ByteDance last year purchased Pico, a domestic VR headset maker.


Black Shark, a little-known start-up that calls its users members of the “Rebellion,” sells its stylised phones as well as a plethora of accessories such as controllers in China, Europe and India. Japan’s tech giant Tencent collaborated with game-phone maker Black Shark last year to create a phone optimized for their flagship game, Peacekeeper Elite.


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Tencent is close to purchasing Black Shark, a gaming handset maker.
Move could help the tech behemoth further its ambitions for the metaverse, people in the know have saidTencent is looking to acquire Black Shark gaming handset makers for a deal worth $1.1 billion. This will help the company reach their ambitions for the metaverse even more.Tencent has begun talks to buy Black Shark, a niche …

Tencent is close to purchasing Black Shark, a gaming handset maker. Read More »