Tencent Music Ipo To Be Halved (report)

Tencent Music, being spun off from Chinese e-commerce giant Tencent, may raise less fresh capital than previously expected. Possibly only $2 billion, instead of an indicated $4 billion, according to a report. The unit is in advanced preparations for an IPO in the U.S. But, according to a report by Reuters and its IFR publication, […]

Topics:  tencent music   chinese   tencent   ipo   u.s but   ifr   tencent    report   billion   
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