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Ximalaya has filed to list in Hong Kong after reportedly being pressured by Chinese government officials to withdraw an earlier U.S. IPO application in 2021.
Ximalaya is backed by tech majors Tencent, Xiaomi, Baidu as well as Sony Music Entertainment, according to its initial U.S. filings. In the first quarter of 2021, Ximalaya had about 250 million ...
Tencent Music plans to acquire Ximalaya for $2.4bn, potentially enhancing TME's position in audio streaming and boosting pricing power and subscriber retention. The merger could be accretive ...
Ximalaya and Tencent Music did not immediately respond to Reuters' requests for comment. Tencent Music in talks to buy China's Ximalaya for $2.4 billion, Bloomberg News reports Skip to main content ...
Ximalaya, backed by China’s Tencent Holdings, had filed for an IPO in April, looking to cash in on growing demand as more people tuned in to podcasts while staying at home during the COVID-19 pandemic ...
On June 10, Tencent Music Entertainment (TME) announced it had signed a merger agreement with Ximalaya and several other parties to acquire the long-form audio platform. Under the terms of the deal, ...
This year, audio platform Ximalaya has teamed up with the eastern Chinese port city of Ningbo to roll out "Reasons to Fall in Love with Ningbo–WAVE NINGBO," a joint podcast co-creation initiative.
Ximalaya claimed to have 450 million users and more than 5 million hosts, including numerous key online opinion leaders and celebrities. The platform counts among its bestsellers Taiwanese writer and ...
Ximalaya, China's online audio platform, announced June 14th that it will be releasing officially authorized English audio editions of the Harry Potter books on June 21st.
Ximalaya is designed to deliver a balanced and open soundstage that is both fully immersive. The headphone’s inner hardware utilizes a 3D Digital Signal Processor (DSP) chip with unique reverberation ...
China's largest online audio platform Ximalaya will file for its Hong Kong initial public offering (IPO) next week after dropping its plans to list in the United States, according to three sources ...