Tencent Music delays $2 billion U.S. IPO due to weak markets: sources

October 12, 2018 admin Business News Comments Off on Tencent Music delays $2 billion U.S. IPO due to weak markets: sources

Tencent Music Entertainment has delayed its planned U.S. initial public offering (IPO) until at least November as the owner of China’s most popular music apps prefers to wait for global stock markets to stabilize, three sources said.

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Source:: Reuters – Business News