Tencent plans to buy Xiaomi-based gaming phone maker Black Shark.

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    The news arrives from ’36Kr’ and multiple independent sources who stated that the Chinese tech giant aims on acquiring the gaming smartphone maker. It adds that the gaming smartphone making company will also undergo a business transformation after the acquisition process is complete. In other words, Black Shark as a brand would likely see an expansion once the transaction is completed. Is this the right move?

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