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 ...

China's largest online audio platform Ximalaya will file for its Hong Kong initial public offering (IPO) next week after dropping its plans to list in the United States, according to three sources ...

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 ...

Ximalaya will also give Tencent Music an opening into the car audio market, since the former's products are now included in the onboard audio offerings of more than 80 auto companies, ...

Ximalaya is seeking to raise funds at about $3.5 billion valuation as the Chinese online podcast and radio services startup looks to expand further, according to people familiar with the matter.

Tencent Music Entertainment Group is in advanced talks to buy Chinese podcasting startup Ximalaya Inc. in a $2.4 billion deal that would accelerate its push to become China’s answer to Spotify ...

Ximalaya, backed by China's Tencent Holdings (0700.HK), filed for an initial public offering (IPO) in the United States on Friday, cashing in on growing demand as more people tune in to podcasts ...

Ximalaya generated revenue of CNY 6.2 billion (USD 870 million) in 2023, roughly 20% of Tencent Music's. Its operating margin was just above breakeven (around 1.5%), ...

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 has filed to list in Hong Kong after reportedly being pressured by Chinese government officials to withdraw an earlier U.S. IPO application in 2021.

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.