This year, audio platform Ximalaya has teamed up with the eastern Chinese port city of Ningbo to roll out 'Reasons to Fall in Love with Ningbo-WAVE NINGBO,' a joint podcast co-creation initiative. On ...

Tencent Music Entertainment Group (TME.US; 1698.HK), China's leading online music streaming platform, gave the audio format a ...

Tencent Music Entertainment Group (TME) has unveiled plans to acquire Chinese audio content platform Ximalaya Inc., in a strategic deal aimed at expanding its footprint in the spoken-word and ...

Tencent Music shifts focus to core streaming, optimizing non-paying users & leveraging buybacks post-Ximalaya deal. Learn ...

Ximalaya, a platform for podcasts, audiobooks and music, could enhance Tencent Music’s competitiveness in the audio content market.

China's Tencent Music Entertainment Group said on Tuesday it would buy domestic long-form audio platform Ximalaya for about $2.4 billion in cash and stock, expanding its library of content to attract ...

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 ...

Tencent Music Entertainment Group has agreed to buy Chinese podcasting startup Ximalaya Inc. for $1.3 billion in cash plus an issuance of stock, a deal that propels its ambition to become China ...

Ximalaya, a major force in spoken-word content, is set to become a subsidiary of TME. By Marc Schneider Industry News Editor Tencent Music Entertainment, China’s fast-growing streaming platform ...

Tencent Music Entertainment (TME) shares are trading lower after announcing its acquisition of Chinese audio platform Ximalaya for $1.26 billion in cash and stock.

TMTPOST— Tencent Music Entertainment Group (NYSE: TME; HKEX: 1698) announced late Tuesday that it has signed a definitive agreement to acquire Ximalaya Holdings, one of China's largest online audio ...