Sources: Tencent Music plans to sell about 3% stake at $10B valuation to strategic partners like labels to secure music rights in China ahead of an IPO (Lulu Yilun Chen/Bloomberg)

Sources: Tencent Music plans to sell about 3% stake at $10B valuation to strategic partners like labels to secure music rights in China ahead of an IPO (Lulu Yilun Chen/Bloomberg)

Lulu Yilun Chen / Bloomberg:
Sources: Tencent Music plans to sell about 3% stake at $10B valuation to strategic partners like labels to secure music rights in China ahead of an IPO  —  Chinese music giant said seeking funds at $10 billion value  —  Partnering with labels may help secure content deals

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