Turns out there was something to Tencent Music’s rumored Ximalaya acquisition plans: The music streaming giant has officially announced a deal to purchase the podcast platform. Tencent Music ...

Ximalaya will also give Tencent Music an opening into the car audio market, since the former's products are now included in the onboard audio offerings of more than 80 auto companies, ...

This year, audio platform Ximalaya has teamed up with the eastern Chinese port city of Ningbo to roll out "Reasons to Fall in ...

Ximalaya, a major force in spoken-word content, is set to become a subsidiary of TME. By Marc Schneider Industry News Editor Tencent Music Entertainment, China’s fast-growing streaming platform ...

Tencent Music Entertainment Group has agreed to buy Chinese podcasting startup Ximalaya Inc. for $1.3 billion in cash plus an issuance of stock, a deal that propels its ambition to become China ...

We expect Ximalaya’s operating margin to improve from 1.5% in 2023 to 34% by 2029, driven mainly by a reduction in selling, general, and administrative expenses to 26% of revenue from 56%.

Closely held Ximalaya counts Tencent, Baidu and Sony Group’s music entertainment unit as backers. The company filed for a Hong Kong initial public offering in 2021, but it pushed back the plan. The ...

Closely held Ximalaya counts Tencent, Baidu and Sony Group’s music entertainment unit as backers. The company filed for a Hong Kong initial public offering in 2021, but pushed back the plan. The ...

Ximalaya and Tencent Music did not immediately respond to Reuters' requests for comment. Tencent Music in talks to buy China's Ximalaya for $2.4 billion, Bloomberg News reports Skip to main content ...

NINGBO, China, June 25, 2025 /PRNewswire/ -- This year, audio platform Ximalaya has teamed up with the eastern Chinese port city of Ningbo to roll out "Reasons to Fall in Love with Ningbo–WAVE ...