Till 2020 ? 😱
good news 😊, and hope Tencent never IPO, for any Co that does not respect artis law👎
Plus, US has artis law, China don't.! No play field here for them!
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Tencent Music will reportedly postpone IPO due to global market sell-offThe music arm of Chinese tech giant Tencent owns the four largest music apps in China and counts industry competitor Spotify as a backer.
Source: CNBC - 🏆 12. / 72 Read more »
Tencent Music postpones IPO due to market selloff: WSJ
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Tencent Music will sound out global IPO marketChina's answer to Spotify may push on with a $2 bln New York listing in December. It’s a bad time of year to sell new equity and Tencent has already once delayed its plans. With no obvious need for funds, a subdued deal would confirm that the window for big IPOs is closing fast.
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