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 cash-and ...

Warner Music Group (WMG) has launched a $1.2 billion IP-focused joint venture with Bain Capital. The major label and the Boston-headquartered investment firm unveiled their song rights JV today. With ...

Ximalaya's revenue reached 5.86 billion yuan in 2021, up 43.7 percent on a yearly basis, with paid subscriptions, advertisements and live broadcasts being the three major revenue streams, according to ...

Tencent Music has announced plans to acquire Ximalaya, China's largest online audio and podcast platform, which holds a 25% market share. The transaction, to be funded through cash and equity ...

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Tencent Music Entertainment: Entered Into Merger Agreement With Ximalaya Jun. 10, 2025 at 7:00 a.m. ET ...