Tencent Music said it will pay $1.26 billion in cash and stock accounting for up to 5.2% of its share capital for Ximalaya, a leading audio site whose name means Himalaya, according to its ...

Tencent Music to Acquire Chinese Podcast Platform Ximalaya for $2.4 Billion Ximalaya, a major force in spoken-word content, is set to become a subsidiary of TME. By Marc Schneider ...

Chinese music platform Tencent Music Entertainment Group said on Tuesday it would buy long-form audio platform Ximalaya for about $2.4 billion in cash and stock, expanding its library of content ...

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 ...

Ximalaya filed for an IPO in Hong Kong in 2021, but then postponed plans for a stock offering. In 2018, Tencent raised $1.1 billion in an IPO in the United States. In 2025, Tencent shares increased by ...

Tencent Music Entertainment Group (NYSE:TME) has made headlines recently as it enters advanced negotiations to acquire the Chinese podcast startup Ximalaya for USD 2.4 billion. This strategic move ...

Tencent Music is turning up the volume on its streaming ambitions.The company is reportedly in advanced talks to acquire Chinese podcasting heavyweight Ximalaya in a $2.4 billion cash-and-stock deal.

Ximalaya’s declining prospects mirror broader challenges in China’s audio market, where consumer attention is increasingly dominated by short video platforms. Despite previous acquisition talks ...

Investing.com -- Tencent Music Entertainment Group (NYSE: TME), controlled by Tencent Holdings Ltd (F: NNND)., is in advanced discussions to acquire Chinese podcasting startup Ximalaya Inc ...

Tencent Music, controlled by Chinese tech giant Tencent Holdings , is planning to use a combination of cash and shares for the acquisition, the agreement for which was likely to be reached in the ...

Tencent Tech Tech Trends Penguin FM, launched in 2015, will shut down on September 6, after failing to attract the millions of users seen on Ximalaya, Dragonfly FM and Lizhi ...

Tencent Music in advanced talks to acquire podcast startup Ximalaya for $2.4 billion - Bloomberg. Open in App ...