Tencent Music files for $1-billion US IPO

Jamie McKane

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Tencent Music files for $1-billion US IPO

Tencent Music Entertainment Group, the online-music arm of China’s largest social-media company, filed for a initial public offering in a continuing surge of U.S. listings by Chinese companies.

The music-streaming site listed its offering size as $1 billion in a filing Tuesday with the U.S. Securities and Exchange Commission. The amount is a placeholder and may change.

[Bloomberg]
 

Shaun108

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10Cent is growing aggresively. They also bought Grinding Gear Games in NZ a few months back.
 
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