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Tencent Music Entertainment Group is in advanced talks to buy China's largest online audio platform, Ximalaya Inc , for $2.4 billion, Bloomberg News reported on Friday, citing sources.
A $2.4bn deal could make Tencent Music the latest giant in podcasting – in China at least. It is in talks to buy Ximalaya.
Ximalaya’s decline may have been shaped by internal missteps, such as its dual-CEO structure that led to muddled strategy, but it also reflects the difficult business model and mounting pressure from ...
Tencent Music Entertainment Group has agreed to buy Chinese podcasting startup Ximalaya Inc. for $1.3 billion in cash plus an issuance of stock, a deal that propels its ambition to become China ...
Ximalaya xi bu zao qi fo jiao ni su 10 shi ji mo zhi 13 shi ji chu = Buddhist sculpture in clay : early western Himalayan art, late 10th to early 13th centuries [Ao] Kelisiting Luzhanizi zhu ; Xiong ...
That’s what’s changing now. As recently rumoured, Tencent Music is buying fellow Chinese firm Ximalaya, which is one of the biggest podcasting platforms there. TME is paying $1.3bn in cash plus stock ...
Ximalaya FM is a platform for creating audio content in the digital media industry. The company offers a large collection of audio content, including audiobooks, children's stories, traditional opera, ...
Tencent Music will acquire Chinese audio platform Ximalaya for $2.4 billion in cash and stock to expand its content library, attract more paying users, and boost its "Super VIP" program. This ...
Tencent Music Entertainment Group has officially announced its proposed acquisition of prominent Chinese audio company Ximalaya Inc, confirming earlier reports about the deal. The transaction, ...
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.
Tencent Music has announced plans to acquire Ximalaya, China's largest online audio and podcast platform, which holds a 25% market share. The transaction, to be funded through cash and equity ...
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