Tencent Music Sets Oct. 18th For $30B US IPO
Tencent Music Entertainment will submit its IPO to the US Securities and Exchange Commission on September 7th with its IPO slated for October 18th, sources within China are reporting. Goldman Sachs and Morgan. Continue reading
Tencent Music Confirms US IPO, Spotify Could Net $2.7B
Chinese internet giant Tencent confirmed it is spinning off its music unit with a US IPO. Details of the offering, which Tencent revealed in a Hong Kong stock exchange filing,. Continue reading
Tencent Plans $4B US IPO That Also Benefits Spotify
Tencent Music, China’s largest music streamer, has reportedly invited investment bankers to pitch how they can guide the company through a U.S. IPO valued as high as $4 billion later. Continue reading
Music Streamer Gaana Raises $115M Round Led By Tencent
Gaana has raised $115 million, as the music streamer's home market of India continues to attract new competitors. Leading the round is Chinese internet giant Tencent, who has become a. Continue reading
The State Of China’s Music Industry 2018 Report
Archie Hamilton and Krish Raghav take a hard look at the state of the Chinese music industry. After a mixed 2017, hopes are somewhat high for the coming months, with. Continue reading