14-01-2021 22:37 via digitalmusicnews.com

Tencent Music Is Planning a Second IPO Valued at $3.5 Billion

Tencent Music, which operates the QQ Music, Kugou Music, and Kuwo Music streaming services (as well as the WeSing karaoke app) in China, is reportedly planning a second, $3.5 billion IPO. Higher-ups at the Shenzhen-headquartered Tencent Music, which is traded as TME in the States, are currently in talks to roll out the multibillion-dollar second […]
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