Month: September 2017

Tencent Music to raise funding at $10 Bn valuation before IPO launch

Tencent Music to raise funding at $10 Bn valuation before IPO launch

Based on the provided information, here’s a summary of the key elements related to Tencent Music Entertainment Group: Startup Information Startup Name: Tencent Music Entertainment Group Valuation: $10 billion Business Model: Subscription, advertisement, and sub-licensing of content Investors Primary Investor: Tencent Holdings (owns approximately 62.45%) Strategic Partners: Potential new investors include record labels (specific names […]