YOUR BUSINESS AUTHORITY
Springfield, MO
China's largest music-streaming company halved the amount it's seeking in an upcoming U.S. initial public offering.
Tencent Music Entertainment Group is now seeking to raise $2 billion, people familiar with the matter told Reuters.
The subsidiary of Chinese tech giant Tencent Holdings filed with the U.S. Securities and Exchange Commission two weeks ago, the sources said.
Read more from Reuters.
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