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 ...

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 generated revenue of CNY 6.2 billion (USD 870 million) in 2023, roughly 20% of Tencent Music's. Its operating margin was just above breakeven (around 1.5%), which is typical for ...

Ximalaya has filed to list in Hong Kong after reportedly being pressured by Chinese government officials to withdraw an earlier U.S. IPO application in 2021. China’s leading podcast platform was ...

Ximalaya's extensive library will also provide content for a smart in-vehicle platform that Tencent Music is developing. Tencent Music's strong financials will also give it the necessary resources ...

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 Inc. (XIMA), currently being the largest online audio platform in China, is well expected to benefit from such growth. However, competition in the sector is also getting extremely intense.

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, backed by China's Tencent Holdings (0700.HK), had filed for an IPO in April. read more ...

Chinese podcasting startup Ximalaya Inc. is pushing back the launch of its planned initial public offering in Hong Kong, in an abrupt change of heart amid market volatility, people familiar with ...

Ximalaya is seeking to raise funds at about $3.5 billion valuation as the Chinese online podcast and radio services startup looks to expand further, according to people familiar with the matter.