Tencent Music delays $2 billion U.S. IPO due to weak markets: sources

Asian shares stage a rebound on Friday to set course for their first gains in two week.....»»

Tencent Music Entertainment Group, China's biggest music-streaming company, is seeking to raise about $2 billion in a U.S. listing, according to three people close to the deal, down from the up to $4 billion that had been touted earlier......»»

Tencent Music Entertainment Group , China's biggest music-streaming company, has halved the amount it is seeking to raise in a U.S. listing to about $2 billion, according to three people close to the deal......»»

Tencent is postponing its initial public offering until at least November because of the selloff in global markets, according to people familiar with the offering......»»

Things are going from bad to worse for China's tech companies... One day after the biggest drop in Chinese stocks since February 2016 as the Shanghai Composite plunged by more than 5% overnight which resulted in nearly a third of Chinese publ.....»»

Tencent Music has filed plans to go public in the United States in what could be one of the biggest recent US IPOs by a Chinese company......»»

Tencent Music dominates the music streaming market in China through its Spotify-like apps......»»

Tencent Music Ent.....»»

Airbus faces a logjam of undelivered A330 jets worth well over $1 billion for airlines affiliated to China's debt-laden HNA Group following a stand-off over late payments, according to industry sources and a Reuters examination of parked aircraft......»»

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A public offering could value Tencent Music at more than $25 billion......»»

Wall Street JournalTencent Music Plans IPO; Valuation Could Exceed $25 BillionWall Street JournalTencent Music Entertainment Group, China's largest music-streaming company.....»»

Tencent Music, China’s largest music-streaming company, is preparing what would be one of the largest tech IPOs ever following the successful debut of its European counterpart Spotify......»»

Some China-based polysilicon makers have started production at new plants established in regions offering lower production costs, which is expected to send product pricing further declining amid weak demand, according to industry sources......»»

Businesses that play music from consumer streaming services like Spotify are underpaying by as much as $2.65 billion, a new study estimates......»»

Apple Inc has acquired music analytics start-up Asaii, Axios reported on Sunday, citing sources, in a bid to strengthen content recommendations to its music users......»»

Must-read business news, delivered every morning. Good morning. "Design is just changing a product to do a better job." So said Pepsi's Indra Nooyi last night, in .....»»

China sold $3 billion in U.S. dollar bonds, raising money as cheaply as some of America’s strongest companies at a time of heightened tensions with its largest trading partner and in the midst of a global markets selloff......»»

The Chinese internet giant has a massive streaming-music business, and it’s only growing. The apparel retailer is growing, too, but not fast enough for fickle investors......»»

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