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Tencent Music, Spotify’s strategic partner in China, is valued at over $12B
#HTE
Spotify has finally filed to go public, and in doing so the Swedish company has shed light on another huge music company that has been tipped for IPO — Tencent Music — which is now valued at over $12 billion.
Tencent and Spotify announced a share swap in December that saw each side take an undisclosed slice of the other for strategic purposes going forward. According to…
Read Morehttps://techcrunch.com/2018/02/28/tencent-music-spotify/?ncid=rss
6 years ago