Sharechat in talks to buy MX TakaTak

Homegrown short video platform Sharechat is in talks to acquire Times Internet-owned MX TakaTak, two people familiar with the development said.

Chinese giant Tencent is a common investor in both Sharechat and MX TakaTak.

In March, Entrackr reported that MX TakaTak’s parent, MX Player, was in talks with existing and new investors to raise $150 million.


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