You might call Tencent Music Entertainment the ‘Spotify of China’. Just one big difference: Tencent is profitable. Tencent Music Entertainment has officially filed for an IPO in the U.S., a widely expected move. The Tuesday filing revealed a ticker symbol of ‘TME,’ and could be the largest Chinese IPO to date. The symbol will apply […]
The post Tencent Music Officially Files for Its $25 Billion IPO — and Spotify, Warner Music, and Sony All Have Stakes appeared first on Digital Music News.