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Tencent Music raises $1 billion in US IPO

1 month ago   |   By Phys.org

Tencent Music, the streaming division of Chinese technology giant Tencent, said Tuesday it will raise $1.07 billion from the pricing of its US public share offering.
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China's Tencent Music raises $1.1 billion in downsized US IPO

1 month ago   |   By TechCrunch

Tencent Music, China's largest streaming company, has raised $1.1 billion in a U.S. IPO after it priced its shares at $13 a piece ahead of a listing on the Nasdaq.
That makes it one of the largest tech listings of the year, but the pricing is at the bottom end of its $13-$15 range indicating that the much-anticipated IPO has felt the effects of an uncertain market. Indeed, the company is said to have paused the listing process , which it started in early October , for a time so choppy are the waters right now - and that's not even mentioning a shareholder-led lawsuit that was filed last...
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