News

Tencent Music Entertainment Group on August 12 reported revenue of RMB 8.44 billion ($1.16 billion) in the second quarter of ...
Tencent Music Entertainment beat estimates for second-quarter revenue on Tuesday as an expanded content library drove higher ...
Tencent Music Entertainment (NYSE: TME) stock gains after reporting second-quarter results, with revenue of $1.18 billion, up ...
Tencent Music Entertainment surpassed second-quarter revenue expectations on Tuesday, driven by strong subscriber growth in ...
Visitors listen to audio books at the booth of Ximalaya during a book fair in Shanghai on Aug 14, 2019. [Photo provided to China Daily] China's leading online audio platform Ximalaya Inc filed for an ...
The affinity between urban culture and podcast expression is natural, and Ximalaya-as a youth-oriented platform-enables deeper cultural storytelling. The "New Podcast Co-Creation Camp" pioneered by ...
Ximalaya FM is a platform for creating audio content in the digital media industry. The company offers a large collection of audio content, including audiobooks, children's stories, traditional opera, ...
Ximalaya will also give Tencent Music an opening into the car audio market, since the former's products are now included in the onboard audio offerings of more than 80 auto companies, such as ...
Ximalaya’s decline may have been shaped by internal missteps, such as its dual-CEO structure that led to muddled strategy, but it also reflects the difficult business model and mounting pressure from ...
Additionally, Ximalaya's founding shareholders are set to receive up to 0.37% of Tencent Music shares post-closing, subject to terms outlined in the agreement. The deal remains subject to customary ...
MUMBAI: Tencent Music Entertainment Group announced on Tuesday that it will acquire Chinese long-form audio platform Ximalaya in a landmark deal valued at approximately $2.4 billion in cash and stock.