Tencent Music
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Tencent Music’s quarterly revenue leaped 18% beating Wall Street estimates
Aug 11, 2020Tencent Music Entertainment Group’s quarterly revenue jumped 18%, beating Wall Street estimates, as it put more music for streaming behind its paywall and grew its paid subscriber base by more than half. The strong performance comes... -
Shares in Tencent Music jumped almost 10% on first day of public trade in New York
Dec 13, 2018Shares in Tencent Music Entertainment Group, China’s music streaming giant, jumped almost 10% on their first day of public trade in New York. The listing raised about $1.1bn (£870m), based on an initial offering price of... -
China’s Tencent Music raises nearly $1.1 billion in U.S. IPO
Dec 12, 2018China-based music streaming company Tencent Music Entertainment Group said it raised close to $1.1 billion in its U.S. initial public offering (IPO) after pricing its shares at the bottom of its targeted range. The music arm of... -
China’s Tencent Music revived its plans to list in the US
Dec 4, 2018China’s Tencent Music has revived its plans to list in the US and raise up to $1.2bn (£940m). It would be one of the largest listings by a Chinese company on the New York Stock Exchange...
