Ximalaya, a major force in spoken-word content, is set to become a subsidiary of TME. By Marc Schneider Industry News Editor Tencent Music Entertainment, China’s fast-growing streaming platform, ...

Turns out there was something to Tencent Music’s rumored Ximalaya acquisition plans: The music streaming giant has officially announced a deal to purchase the podcast platform. Tencent Music (NYSE: ...

HONG KONG (Reuters) - China's largest online audio platform Ximalaya will file for its Hong Kong initial public offering (IPO) next week after dropping its plans to list in the United States, ...

Tencent Music Entertainment Group, China’s largest online music platform by user count, announced on Tuesday its acquisition of audio content platform Ximalaya for about US$2.4 billion in cash and ...

Tencent Music Entertainment Group (TME) is reportedly close to acquiring Ximalaya, China’s largest audio content platform, following months of negotiations, according to multiple Chinese media outlets ...

SHANGHAI -- Chinese authorities reportedly have pressured podcast and audio app Ximalaya to scrap plans for an initial public offering in the U.S. and list in Hong Kong instead, as they seek to ...

(Reuters) - Ximalaya, backed by China's Tencent Holdings, filed for an initial public offering (IPO) in the United States on Friday, cashing in on growing demand as more people tune in to podcasts ...

HONG KONG, May 28 (Reuters) - China is pressing the country's largest online audio platform Ximalaya to drop plans to list in the United States and go for Hong Kong instead, three people with ...

More Americans are listening to podcasts than ever. That could be one reason why Spotify is trying grow its podcast network. But if you’re like me, no matter how much you enjoy podcasts, you’ve never ...

Chinese audio-sharing platform Ximalaya has said a report on its plan to lay off 30% of its workforce, with product and operation employees hit the hardest, is “baseless and completely untrue,” ...

April 30 (Reuters) - (This April 30 story corrects revenue figure in paragraph 5) Ximalaya, backed by China’s Tencent Holdings (0700.HK), opens new tab, filed for an initial public offering (IPO) in ...