Now Tencent plans to enter metaverse, may acquire Xiaomi-backed Black Shark for hardware

Several reports have indicated that Tencent is planning to expand into the metaverse space and for this, the company may soon ink a deal with Xiaomi-backed Black Shark, a firm known for its range of gaming smartphones and accessories.

Metaverse is the new norm for the tech majors and those not planning for it already will certainly begin to do so by this year. Proving it to be true once again, gaming giant Tencent may now be planning its first step into the metaverse, and for this, the company reportedly wants to buy Black Shark.

For those unaware, Black Shark is a gaming smartphone and accessories manufacturer that is backed by Xiaomi. It operates in several countries around the world, including many in Europe, and has come up with several gaming smartphones over the past years. Black Shark 4 and Black Shark 4 Pro are the latest of these, having marked their debut in March last year.