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TENCENT MUSIC
TIME named him world's most influential 3 times, yet most people don't know Chinese titan Tencent's $63 billion boss - who is Ma Huateng?Ma Huateng, also known as Pony Ma, is the influential co-founder, chairman, and CEO of Tencent, a global tech conglomerate. Despite a low p...- Want to jump into the 'China is back' rally? Tread carefullyInvestors are increasingly betting that “China is back” as the economy rebounds from years of deflation, helped by strong manufacturing, ex...
- Bill Ackman's Pershing Square proposes $64 billion merger deal with Universal Music GroupBill Ackman's Pershing Square proposed a deal on Tuesday to merge Universal Music Group with its investment fund under a plan to revive the...
- Bill Ackman's Pershing Square proposes $64 billion merger deal with Universal Music GroupBill Ackman's Pershing Square has proposed a deal to merge Universal Music Group with its investment fund. The plan aims to revive the musi...
- Tencent Music to buy Chinese audio platform Ximalaya for $2.4 billionTencent Music will acquire Chinese audio platform Ximalaya for $2.4 billion in cash and stock to expand its content library, attract more p...
- Tencent Music eyes podcast startup Ximalaya for $2.4 billionTencent Music Entertainment Group is planning to buy podcasting startup Ximalaya Inc for $2.4 billion in a bid to become China's answer to ...
- Tencent Music beats quarterly revenue estimatesThe audio entertainment platform reported revenue of 6.89 billion yuan ($957.02 million) for the quarter. Analysts on average had expected ...
- China's Tencent Music beats revenue estimates on paid subscriber growthThe company's social entertainment services posted a nearly 50% drop in revenue as Beijing's crackdown on online gambling continues to cast...
- Tencent Music's quarterly revenue rises as more Chinese users pay for musicTotal revenue of the company, controlled by Chinese tech giant Tencent Holdings Ltd, stood at 7.29 billion yuan ($1.00 billion) in the quar...
- US renews audit inspection of China firms: ReportThe inspection, part of an agreement signed last year, comes amid rising tensions between the United States and China, including U.S. consi...
- NetEase's Cloud Music sues Tencent Music, claims unfair competitionThe move is the latest development in a long-running rivalry between the two Chinese tech giants who are vying to add users and sign popula...
- Tencent Music social entertainment services slump overshadows upbeat quarterRevenue from social entertainment services and others fell 15.2% to 4.73 billion yuan ($742 million), while paying users in the social ente...
- Tencent Music to list in Hong Kong; social unit drags resultsTencent Music said on Monday its mainstay social entertainment services business shrank in the fourth quarter, overshadowing the company's ...
- China regulator bars Tencent from exclusive rights in online musicThe Chinese government has been stepping up antitrust actions in recent months against the country's large tech companies, including a reco...
- Tencent Music says facing increased China scrutiny, is committed to laws"In recent months, we have received increased regulatory scrutiny from relevant authorities, and have been actively co-operating and commun...
- China readies sizeable penalty for Tencent in sweeping antitrust crackdown, say sourcesTencent faces penalties for not properly reporting past acquisitions and investments for antitrust reviews, an offence with a fine capped a...
- Music streaming app Gaana raises Rs 375 crore in debtThe development comes nearly two years after Tencent led a $115 million funding round in the music streaming service.
- TikTok owner to start music service, secures rights from T-Series, Times MusicPaid music services have boosted music sales across the world, and are now the single largest source of revenue for the global record busin...
- Tencent plans spin-off, US listing of online music businessTencent has the advantage of a fully developed entertainment and content empire.
- Tencent leads in Gaana’s $115 million funding roundTencent is the majority shareholder in Tencent Music Entertainment, China’s largest music streaming business, and also operates JOOX, a lea...
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