tencent music Archives - Shot Ventures

China’s Tencent Music raises $1.1 billion in downsized US IPO

Tencent Music, China’s largest streaming company, has raised $1.1 billion in a U.S. IPO after it priced its shares at $13 a piece ahead of a listing on the Nasdaq. That makes it one of the [...]

By Shot Ventures

In apple music, Asia, China, Entertainment, Fundings & Exits, initial public offering, music services, Online Music Stores, Spotify, TechCrunch - Funding & Exits, Technology News, Tencent, tencent music, United States

Posted December 9, 2018

Tencent Music sued by investor ahead of $1.2 billion US IPO

China’s largest music streaming service has had a whirlwind year. With 800 million monthly users across multiple apps and a profitable business, Tencent Music Entertainment is gearing up [...]

JioSaavn becomes India’s answer to Spotify and Apple Music

India finally has its answer to Spotify after Reliance Jio merged its music service with Saavn, the startup it acquired earlier this year. The deal itself isn’t new — it was [...]

By Shot Ventures

In apache, Apps, Asia, Developer, digital nomads, Fundings & Exits, Government, Media, New York City, Oath, open source, product design, TechCrunch - Funding & Exits, Technology News, tencent music, tumblr

Posted December 4, 2018

Why Oath keeps Tumblring

I dig on my employer Oath, and then Tencent Music notes and a major loss for the NYC ecosystem and what it means for open source. TechCrunch is experimenting with new content forms. This is a [...]

China’s NetEase raises $600M for its music streaming business

As Tencent Music, China’s largest streaming firm, reportedly stalls on its proposed U.S. IPO, one of its closest challengers is doubling down. NetEase Cloud Music, a rival operated by games [...]