News

Tencent Music Entertainment Group (TME.US; 1698.HK), China's leading online music streaming platform, gave the audio format a ...
Tencent Music shifts focus to core streaming, optimizing non-paying users & leveraging buybacks post-Ximalaya deal. Learn ...
Before filing for an IPO in the US, Ximalaya raised close to RMB 10 billion (USD 1.4 billion) over 12 funding rounds. Its cap ...
Tencent Music Entertainment Group has agreed to buy Chinese podcasting startup Ximalaya Inc. for $1.3 billion in cash plus an ...
Ximalaya, a platform for podcasts, audiobooks and music, could enhance Tencent Music’s competitiveness in the audio content ...
China's Tencent Music Entertainment Group said on Tuesday it would buy domestic long-form audio platform Ximalaya for about ...
Turns out there was something to Tencent Music’s rumored Ximalaya acquisition plans: The music streaming giant has officially ...
TME, which trades on both the New York Stock Exchange under ticker TME and the Hong Kong Exchange, operates China’s most ...
Tencent Music Entertainment Group (NYSE:TME) shares rose 5.4% on Tuesday following news that the company will acquire Chinese podcast platform Ximalaya in a $2.4 billion cash-and-stock transaction.
TMTPOST— Tencent Music Entertainment Group (NYSE: TME; HKEX: 1698) announced late Tuesday that it has signed a definitive ...
The deal, valued at $2.4 billion in cash and stock, aims to strengthen Tencent’s position in China’s podcasting and audio ...
Tencent Music wants to become “China’s answer to Spotify” according to Bloomberg. Which may be surprising to many people.