Bearing all that in mind, Tencent Music is putting up a combination of cash ($1.26 billion) and stock to purchase Ximalaya, the aforesaid disclosure shows. Stock-wise, that refers mainly to ...

Investing.com -- 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 ...

China's largest online audio platform Ximalaya will file for its Hong Kong initial public offering (IPO) next week after dropping its plans to list in the United States, according to three sources ...

Ximalaya, a major force in spoken-word content, is set to become a subsidiary of TME. By Marc Schneider Industry News Editor Tencent Music Entertainment, China’s fast-growing streaming platform ...

Ximalaya, China’s biggest podcasting platform, plans to file for an initial public offering (IPO) in Hong Kong after scrapping plans for a US listing, becoming the latest technology firm to step ...

Ximalaya had applied to list on the New York Stock Exchange in late April, according to Reuters, which first reported Beijing's pressure campaign.

It will also issue shares to Ximalaya’s founder investors not exceeding 0.37% of its total share count. Tencent-backed China Ruyi raises $302 million in convertible bonds ...

Tencent Music Entertainment Group, China’s largest online music platform by user count, announced on Tuesday its acquisition of audio content platform Ximalaya for about US$2.4 billion in cash ...

Run by Himalaya’s biggest investor, Ximalaya FM has become the largest spoken word audio sharing service in China, with a self-reported 400 million app downloads.

Chinese audio-sharing platform Ximalaya has said a report on its plan to lay off 30% of its workforce, with product and operation employees hit the hardest, is “baseless and completely untrue,” ...

Tencent Music to Acquire Chinese Podcast Platform Ximalaya for $2.4 Billion Ximalaya, a major force in spoken-word content, is set to become a subsidiary of TME.