Tencent Music Puts IPO on Hold Amid Turbulent Market Conditions

Tencent Music patiently waits for the storm to pass. On October 3rd, the Dow Jones Industrial Average reached a record high of 26,336.62. Since then, stocks have fallen sharply.  On Wednesday, the Dow Jones dropped 800 points.  Amazon lost 6.2%.  Netflix went down 8.4%.  Spotify’s shares went below $155 before nearing closing slightly above $152 […]

The post Tencent Music Puts IPO on Hold Amid Turbulent Market Conditions appeared first on Digital Music News.

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