The Business Times
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Tencent Music Entertainment Group

Telcos, Media & Tech

Tencent Music to buy Chinese audio platform Ximalaya for US$2.4 billion

2025-06-10T12:40:35.000Z
The move comes as China is widely expected to lift its nearly decade-old unofficial ban on K-pop performances in mainland China.
Lifestyle

Tencent Music buys SM Entertainment stake in K-pop bet

2025-05-28T03:47:27.000Z
Tencent Music, controlled by Chinese tech firm Tencent Holdings, plans to use a combination of cash and shares for the acquisition.
Companies & Markets

Tencent Music in talks to buy Ximalaya for US$2.4 billion

2025-04-25T13:02:25.000Z
Tencent Music said revenue fell 1.7 per cent to 7.16 billion yuan (S$1.3 billion) in the three months ended Jun 30.
Telcos, Media & Tech

Streaming cushions Tencent Music’s second quarter revenue fall

2024-08-13T12:55:50.000Z
Tencent and its controlled entity Tencent Music will buy the stake through a combination of cash and a minority stake in music streaming app JOOX Thailand, valuing GMM Music at US$700 million.
Companies & Markets

Tencent, Tencent Music to pick up 10% stake in Thailand's GMM Music for US$70 million

2024-06-03T08:11:37.000Z
The audio entertainment platform reported revenue of 6.77 billion yuan (S$1.26 billion) for the quarter ending March 31.
Companies & Markets

Tencent Music beats quarterly revenue estimates

2024-05-13T09:31:26.000Z
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