Based on Tencent Music’s closing price on April 24 — prior to a Bloomberg report on the pending acquisition — the equity portion is estimated to be worth around $1.15 billion.

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-stock transaction.

China tech investors weary of the nation’s relentless price competition can look to one pocket that’s thriving by moving in ...

The prestigious awards ceremony spotlights innovation and quality creation across the dynamic Chinese music industry.

Tencent Music Entertainment (TME) shares are trading lower after announcing its acquisition of Chinese audio platform Ximalaya for $1.26 billion in cash and stock.

The music streaming industry in China is still in its early stages of development, and Tencent Music has established itself as the largest player in the market, with around 600 million monthly ...

The music industry's No. 1 source for breaking news, business analysis, executive power lists, and in-depth special reports - plus access to more than 250 members-only charts.

Tencent Music shifts focus to core streaming, optimizing non-paying users & leveraging buybacks post-Ximalaya deal. Learn more about TME stock here.

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 ...

This week, we use AAII’s A+ Investor Stock Grades to provide insight into three entertainment stocks. With the entertainment industry constantly expanding, should you consider the three entertainment ...