Tencent Music agrees to buy podcasting startup Ximalaya for $1.3B in cash, plus some stock, in a bid to become China's Spotify; Ximalaya had 303M MAUs in 2023

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Tencent Music agrees to buy podcasting startup Ximalaya for $1.3B in cash, plus some stock, in a bid to become China's Spotify; Ximalaya had 303M MAUs in 2023

bloomberg.com/news/articles/2025-06-10/tencent-music-to-buy-ximalaya-to-drive-online-media-ambitions

This story appeared on bloomberg.com, 2025-06-10 11:28:26.618000.

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