Pass the Tencent music program to the US in the second half of the year IPO valuation or over $25 billion.

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 Pass the Tencent music program to the US in the second half of the year IPO valuation or over $25 billion.


Tencent music plans to meet potential underwriting banks next month, according to people familiar with the matter. Tencent music will be listed in the United States in the second half of this year, and will be one of the largest IPO in the technology industry this year, and is expected to raise billions of dollars, sources say. People familiar with the matter said that Tencent music would be worth more than $25 billion, a significant increase compared to the $12 billion 500 million valuation at the end of 2017, when Swedish music streaming company Spotify bought a share of Tencent music 9% in the form of stock exchange. According to Dealogic, if investors give this valuation in the initial public offering pricing, Tencent music will be the fourth largest technology class IPO listed in the United States. However, there is no guarantee that Tencent music will be listed in New York. Moreover, the valuation of listed companies often fluctuates until the company determines the price for issuing shares. But no doubt, in view of the market position of Tencent music and the shareholding relationship with Tencent, investors are excited about the listing of Tencent music. It is reported that Tencent music, founded in 2016, mainly runs QQ music, with more than 700 million active users in the month. (Han Bing) source: NetEase science and technology report editor: Wang Fengzhi _NT2541 According to Dealogic, if investors give this valuation in the initial public offering pricing, Tencent music will be the fourth largest technology class IPO listed in the United States. However, there is no guarantee that Tencent music will be listed in New York. Moreover, the valuation of listed companies often fluctuates until the company determines the price for issuing shares. But no doubt, in view of the market position of Tencent music and the shareholding relationship with Tencent, investors are excited about the listing of Tencent music. It is reported that Tencent music, founded in 2016, mainly runs QQ music, with more than 700 million active users in the month. (Han ice)