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Tencent Music (NYSE: TME) is reportedly in “advanced” talks to purchase Chinese podcast platform Ximalaya in a multibillion-dollar deal. Word of the possible buyout entered the media spotlight in a detail-light report from Bloomberg. As described by the outlet, which cited anonymous and purportedly well-informed sources…
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Tencent Music Reportedly Prepares to Acquire Podcast Platform Ximalaya in $2.4 Billion Deal
Tencent Music (NYSE: TME) is reportedly in “advanced” talks to purchase Chinese podcast platform Ximalaya in a multibillion-dollar deal. Word of the possible buyout entered the media spotlight in a detail-light report from Bloomberg. As described by the outlet, which cited anonymous and purportedly well-informed sources…