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E2 - Tencent Music IPO: Is It A Spotify Copycat?

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Summary

Tencent Music Entertainment just listed on the NYSE raising $1.1BnUSD for a valuation of $23.3BnUSD. Is this truly the Chinese counterpart to Spotify or is it just simply a carbon copy of the Western music streaming app? Or.....is it going to be bigger???

First published

12/15/2018

Genres

tv film business society culture

Duration

19 minutes

Parent Podcast

Silk Celluloid

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Episode Description

Tencent Music Entertainment just listed on the NYSE raising $1.1BnUSD for a valuation of $23.3BnUSD. Is this truly the Chinese counterpart to Spotify or is it just simply a carbon copy of the Western music streaming app? Or.....is it going to be bigger???

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