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TENCENT MUSIC SHARES
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...
- Music to buck economic woes, double revenues to $131 billion by 2030Goldman Sachs predicts recorded music industry revenues to touch $52.3 billion by 2030.
- 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 ...
- George Soros exits shares bought during Bill Hwang’s Archegos implosionMost of the Archegos-linked stocks extended their slide in the second quarter. Vipshop plunged 33% in the three months through June, Tencen...
- 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...
- Market darling Tencent turns into world's worst stock bet with $170 billion wipeoutTencent’s shares rebounded by 7.1% on Thursday morning, tracking broader gains in Chinese stocks after Beijing intensified efforts to allev...
- 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...
- 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.”
- Move Over, Uber: This little known media company is now the world’s most valuable startupSix-year-old Bytedance has surpassed Uber Technologies Inc. to become the world’s most valuable startup.
- 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...
- Why Tencent could become an advertising powerhouse like FacebookThe seven main business units of China’s largest company are working to synchronise data and study a billion plus users to deliver precisio...
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