Tencent Music reportedly nears acquisition of troubled audio platform Ximalaya at discounted valuation

Image for article Tencent Music reportedly nears acquisition of troubled audio platform Ximalaya at discounted valuation
News Source : TechNode

News Summary

  • Tencent Music Entertainment Group (TME) is reportedly close to acquiring Ximalaya, China’s largest audio content platform
  • The proposed deal, discussions around which started two months ago, sees Ximalayas valuation significantly reduced
  • The move comes as Ximalayan struggles to maintain growth amid a stagnating audio industry
Tencent Music Entertainment Group (TME) is reportedly close to acquiring Ximalaya, Chinas largest audio content platform, following months of negotiations, according to multiple Chinese media outlets [+929 chars]

Must read Articles

News image for article Tencent Music reportedly nears acquisition of troubled audio platform Ximalaya at discounted valuation

Tom Cruise Underestimated As An Actor, Says CoStar Kenneth Branagh

News Source : By Caroline Frost from Deadline

News image for article Tencent Music reportedly nears acquisition of troubled audio platform Ximalaya at discounted valuation

RuPauls Drag Race Star Jiggly Caliente Dead at 44 Days After Leg Amputation

News Source : By Sam from Thatgrapejuice.net

News image for article Tencent Music reportedly nears acquisition of troubled audio platform Ximalaya at discounted valuation

Jiggly Caliente, RuPauls Drag Race Star and Judge of Drag Race Philippines, Dies at 44

News Source : By Jazztangcay from Variety

News image for article Tencent Music reportedly nears acquisition of troubled audio platform Ximalaya at discounted valuation

MAGA glam isnt about beauty its about politics

News Source : By Sean Collins from Vox

News image for article Tencent Music reportedly nears acquisition of troubled audio platform Ximalaya at discounted valuation

Rapper Sean Diddy Combs Faces Trial That Could Send Him To Prison For Life

News Source : By Reuters from NDTV News

News image for article Tencent Music reportedly nears acquisition of troubled audio platform Ximalaya at discounted valuation

Once a hiphop king, Sean Diddy Combs faces trial that could send him to prison for life

News Source : By Reuters from The Times of India

News image for article Tencent Music reportedly nears acquisition of troubled audio platform Ximalaya at discounted valuation

Once a hiphop king, Sean Diddy Combs faces trial that could send him to prison for life

News Source : By Lisa Richwine, Luc Cohen from The Star Online

News image for article Tencent Music reportedly nears acquisition of troubled audio platform Ximalaya at discounted valuation

RuPauls Drag Race star Jiggly Caliente dies following leg amputation, aged 44

News Source : By Lydia Spencer-Elliott from The-independent.com

News image for article Tencent Music reportedly nears acquisition of troubled audio platform Ximalaya at discounted valuation

Once a hiphop king, Sean Diddy Combs faces trial that could send him to prison for life

News Source : By Lisa Richwine and Luc Cohen from Yahoo Entertainment

News image for article Tencent Music reportedly nears acquisition of troubled audio platform Ximalaya at discounted valuation

Sex Workers Already Predicted Theres A Recession Coming Heres How They Know

News Source : By Jamie Davis Smith from HuffPost

News image for article Tencent Music reportedly nears acquisition of troubled audio platform Ximalaya at discounted valuation

A Method For Maximizing Memories With Money

News Source : By Tim Maurer, Contributor, Tim Maurer, Contributor https://www.forbes.com/sites/timmaurer/ from Forbes

News image for article Tencent Music reportedly nears acquisition of troubled audio platform Ximalaya at discounted valuation

TouringPlans Travel Beat 4272025

News Source : By Jennifer Heymont from Touringplans.com

News image for article Tencent Music reportedly nears acquisition of troubled audio platform Ximalaya at discounted valuation

Running Hot & Cold How Katy Perry became the least popular woman in pop right now

News Source : By Dana Kennedy from Page Six

News image for article Tencent Music reportedly nears acquisition of troubled audio platform Ximalaya at discounted valuation

RuPauls Drag Race star Jiggly Caliente dies aged 44

News Source : By Charlie Duncan from Thepinknews.com

News image for article Tencent Music reportedly nears acquisition of troubled audio platform Ximalaya at discounted valuation

Apples latest 11inch iPad (A16) just hit the Amazon alltime low at $299 shipped

News Source : By Justin Kahn from 9to5Toys

News image for article Tencent Music reportedly nears acquisition of troubled audio platform Ximalaya at discounted valuation

Interview with the Vampire in The Daily LITG, 27th April 2025

News Source : By Rich Johnston from Bleeding Cool News

News image for article Tencent Music reportedly nears acquisition of troubled audio platform Ximalaya at discounted valuation

Huawei Unveils Its New AIPowered Smart TV

News Source : By Abdullah Mustapha from Gizchina.com

News image for article Tencent Music reportedly nears acquisition of troubled audio platform Ximalaya at discounted valuation

Copa Del Rey Video As Skales Meets Lamine Yamal, Performs Shake Body at Barcelona Celebration Party

News Source : By Olumide Alake from Latest News in Nigeria & Breaking Naija News 24/7 | LEGIT.NG

News image for article Tencent Music reportedly nears acquisition of troubled audio platform Ximalaya at discounted valuation

9 top safehaven states where jobs and home values are shielded from the trade war fallout

News Source : By Christine Ji from Business Insider

News image for article Tencent Music reportedly nears acquisition of troubled audio platform Ximalaya at discounted valuation

Tencent Music reportedly nears acquisition of troubled audio platform Ximalaya at discounted valuation

News Source : By TechNode Feed from TechNode

News image for article Tencent Music reportedly nears acquisition of troubled audio platform Ximalaya at discounted valuation

Why the brilliant second season of Star Wars prequel Andor hits too close to home

News Source : By Ani Bundel from MSNBC