(Reuters) -Tencent Music Entertainment Group is in advanced talks to buy China's largest online audio platform, Ximalaya Inc, for $2.4 billion, Bloomberg News reported on Friday, citing sources.

Tencent Music Entertainment Group (TME) is reportedly close to acquiring Ximalaya, China’s largest audio content platform, following months of negotiations, according to multiple Chinese media outlets ...

Tencent Music has announced plans to acquire Ximalaya, China's largest online audio and podcast platform, which holds a 25% market share. The transaction, to be funded through cash and equity, values ...

Tencent Music Entertainment said it plans to acquire podcast startup Ximalaya, with ambitions of becoming China's Spotify. Tencent Music, a unit of Chinese tech giant Tencent Holdings, plans to ...

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April 30 (Reuters) - (This April 30 story corrects revenue figure in paragraph 5) Ximalaya, backed by China’s Tencent Holdings (0700.HK), opens new tab, filed for an initial public offering (IPO) in ...

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Chinese tech stocks popular among U.S. investors have tumbled amid the country’s regulatory crackdown on technology firms. WSJ explains some of the new risks investors face when buying shares of ...