Tencent Music Entertainment Group will postpone its highly anticipated initial public offering because of the recent sell-off, The Wall Street Journal reported Thursday citing people familiar with the deal.
The music arm of Chinese tech giant Tencent owns the four largest music apps in China and counts industry competitor Spotify as a backer.
This story is developing. Please check back for updates.
from Top News & Analysis https://ift.tt/2QKdSx7via IFTTT
No comments:
Post a Comment