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 shifts focus to core streaming, optimizing non-paying users & leveraging buybacks post-Ximalaya deal. Learn ...

Tencent Music Entertainment Group (TME.US; 1698.HK), China's leading online music streaming platform, gave the audio format a ...

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 has agreed to buy Chinese podcasting startup Ximalaya Inc. for $1.3 billion in cash plus an ...

MUMBAI: Tencent Music Entertainment Group announced on Tuesday that it will acquire Chinese long-form audio platform Ximalaya ...

Ximalaya, one of the country’s most popular audio platforms, boasts 303 million monthly users and serves as a major ...

Tencent Music wants to become “China’s answer to Spotify” according to Bloomberg. Which may be surprising to many people.

Turns out there was something to Tencent Music’s rumored Ximalaya acquisition plans: The music streaming giant has officially ...

Ximalaya, a platform for podcasts, audiobooks and music, could enhance Tencent Music’s competitiveness in the audio content ...

BEIJING] Chinese music platform Tencent Music Entertainment Group said on Tuesday (Jun 10) it would buy long-form audio ...

The deal, valued at $2.4 billion in cash and stock, aims to strengthen Tencent’s position in China’s podcasting and audio ...