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: ...

(Reuters) -Tencent Music Entertainment Group is in advanced talks to buy China's largest online audio platform, Ximalaya Inc, for $2.4 billion, Bloomberg News reported on Friday, citing sources.

Tencent Music Entertainment said it plans to acquire podcast startup Ximalaya, with ambitions of becoming China's Spotify. Tencent Music, a unit of Chinese tech giant Tencent Holdings, plans to ...

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 ...

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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 ...