Ximalaya aims high in third listing attempt
China’s leading podcast platform could become one of Hong Kong’s hottest tech offerings in recent years, boasting a huge base of loyal users and a recent move to profitability Key…
Thrifty Tencent Music sings new AI growth story
China’s leading online music platform disappointed investors with its latest results that show its revenue flatlined in the fourth quarter amid growing competition Key Takeaways: Tencent Music’s revenue fell slightly…
Tencent Music Hears Happy Tunes from Growing List of Paying Users
China’s leading online music service provider’s profit grew 38.7% in the third-quarter Key Takeaways:Tencent Music’s net profit jumped by 38.7% in the third quarter to over 1 billion yuan as…
FAST NEWS: Tencent Music to Make Second Listing in Hong Kong
The latest: New York-listed Tencent Music Entertainment Group (TME.US; 1698.HK) announced Thursday it will make a second listing in Hong Kong using a method called “by way of introduction,” which…
Shrinking Tencent Music Looks for Sustainable Business Model
China’s equivalent of Spotify posted first-quarter revenue and profit declines, as it overhauls its business after being ordered to stop anti-competitive practices Key Takeaways: Tencent Music’s revenue and profit fell…
Podcast Leader Ximalaya Mounts New IPO Bid Closer to Home in Hong Kong
Company could be valued at around $3 billion when it floats shares, following the official scrapping of its original New York listing plan Key points: Ximalaya’s ditching of its New…
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