Does Tencent Music Deserve a Spotify-Like Valuation? — The Information

China tech IPOs, of companies such as Xiaomi and Pinduoduo, have struggled this year. That puts the spotlight on the next big U.S. public offering from China, which is likely to be Tencent Music Entertainment Group, China’s answer to Spotify. Its valuation has soared on private tech markets …
— Read on www.theinformation.com/articles/does-tencent-music-deserve-a-spotify-like-valuation