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TENCENT MUSIC LISTING
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...
- Chinese AI firm MiniMax targets $4 billion-plus valuation in Hong Kong IPO, sources sayChinese AI startup MiniMax has confidentially filed for a Hong Kong IPO, targeting a valuation over $4 billion and aiming to raise up to $6...
- 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 ...
- 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...
- ByteDance shuts game development studio, lays off over 100ByteDance's gaming studio had around 300 employees and according to the report, some of them have been transferred to other verticals withi...
- 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 ...
- Half a trillion dollars wiped from China markets in a week as clampdowns shatter confidenceMore than $560 billion in market value has been wiped off Hong Kong and mainland China exchanges in a week as funds capitulate out of once-...
- Tencent boss loses $14 billion in rout, more than Jack MaIn a twist that has upended conventional wisdom on the political pecking order of China’s business elite, Tencent Holdings Ltd.’s mild-mann...
- China's Tech Crackdown: The Great FallWe take a closer look at the fallout -- and the mind-boggling numbers -- from China's crackdown.
- 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...
- The full list of 118 Chinese mobile applications banned by the governmentare engaged in activities which is prejudicial to sovereignty and integrity of India, defence of India, security of state and public order.”
- Snack Video, Zili, Resso and several others escape China apps banSnack Video is a Singapore-based app that is seen as a TikTok alternative and whose parent, Kuaishou Technology, is a popular Chinese softw...
- TikTok's parent, ByteDance, launches global hiring spree with 10,000 new jobsLike rival Tencent Holdings Ltd, ByteDance’s social media channels have seen usage spike after the Covid-19 pandemic confined millions of p...
- Smule gets Rs 147-cr strategic funding from Times BridgeTimes Bridge will work with Smule in building communities and collaborations with artistes.
- Tencent plans spin-off, US listing of online music businessTencent has the advantage of a fully developed entertainment and content empire.
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