China’s Tencent Music Headed For IPO & Valuation Could Exceed $25 Billion USD

It looks like Tencent Music, the music distribution department of China’s international media giant Tencent, is is headed for an initial public offering (IPO) later this year. The Wall Street Journal reports that Tencent expects to audition investment banking advisors before the end of May and the music division is expe…


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