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Tencent Music $30 Billion IPO Heads to U.S.
Nor has the timing of the planned offering been decided. Chinese media sources point to a share sale that will value Tencent Music in the $29 billion to $31 billion range. That is higher than the $25 ... read more
China's Tencent turns to US for IPO of its music business
HONG KONG (CNNMoney) - One of China's top tech companies plans to list its online music business in the United States. Tencent said in a statement Sunday that it will sell shares in the music unit on ... read more
Implications Of Postponed Tencent Music IPO
In the same way Tencent leverages on its "WeChat" and associated platforms. The IPO prospectus had valued the music division at up to US$30 billion. Its approximately 800 million monthly users are ... read more
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Tencent Music to file for US IPO today
Chinese streaming giant Tencent Music will reportedly file for its US-based IPO today (September 7 ... In 2017, it was expected to be valued at $10 billion, rising to its current expected valuation of ... read more
Tencent Music Confirms US IPO, Spotify Could Net $2.7B
A Tencent Music (TME) US IPO is seen as likely to raise more than $1 billion, at a valuation estimated to be as high as $30 billion. Tencent Music controls some of the most popular streaming music ... read more
Tencent Music aims to raise $1B by going public in US
NEW YORK (CNNMoney) - Tencent Music ... US IPOs by a Chinese company. The company set a placeholder target of $1 billion, which could value the company between $25 and $30 billion, according to its ... read more