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Tencent Music was established in July 2016 with Tencent's purchase of China Music Corporation to strengthen its music offerings. [7] On July 4, 2018, Sony/ATV Music Publishing acquired an equity stake in Tencent Music. [8] [9] In October 2018, the firm filed for IPOs of around $2 billion [10] in the United States. [11]
Tencent Music Entertainment, the music distribution arm of Chinese social media and games giant Tencent, aims to list its shares on a North American stock market. Tencent announced a brief outline ...
It's the biggest music-streaming platform in the world and it's already making money, but that's not all for this hugely exciting spin-off. What Investors Should Know About Tencent Music's IPO ...
Here’s some proof that the U.S. stock market bull still has legs.
Tencent Music Entertainment Group (TME) went public late Tuesday, with an offering price of $13 per American depositary receipt. Although the offering price was at the low end of its proposed $13 ...
The IPO raised $1.1 billion in proceeds and is one of the largest by a Chinese company in the United States this year, behind the $2.4 billion raised by video streaming company iQiyi Inc (IQ.O ...
The music arm of tech giant Tencent Holdings is looking to raise between $1.07 billion and $1.23 billion in a New York Stock Exchange IPO, according to a filing with the U.S. Securities and ...
Tencent Music, the music streaming arm of Chinese tech behemoth Tencent Holdings (TCEHY), will price its U.S. initial public offering at $13 per share, the low end of its range, according to a ...