BlackShark Gaming

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.