China’s largest music streaming business is planning a US IPO

Tencent Music Entertainment (TME) has nothing like the global profile of Spotify, but China’s top streaming service is heading for the U.S. public markets according to a filing made this weekend by parent company Tencent, the $500 billion Chinese internet giant which plans to spin the music business out. – Jon Russell, TechCrunch https://ift.tt/2uhEAn1