With monthly active users reaching 262 million in the first half of 2021, Ximalaya provides a wide variety of audio content through which people produce, share and consume knowledge, information and ...

After a chastening crackdown that wiped billions off their value and forced top executives out of the public eye, China's ...

This year, audio platform Ximalaya has teamed up with the eastern Chinese port city of Ningbo to roll out "Reasons to Fall in ...

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

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

Ximalaya’s decline may have been shaped by internal missteps, such as its dual-CEO structure that led to muddled strategy, but it also reflects the difficult business model and mounting pressure from ...

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 ...

"The TME-Ximalaya deal could be compromised by similar organizational friction, keeping the latter as mostly an independent entity over the near term," Chai said. The deal follows Tencent's quarterly ...

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

Tencent Music will acquire Chinese audio platform Ximalaya for $2.4 billion in cash and stock to expand its content library, attract more paying users, and boost its "Super VIP" program. This ...

Tencent Music Entertainment Group, China’s largest online music platform by user count, announced on Tuesday its acquisition of audio content platform Ximalaya for about US$2.4 billion in cash ...