Deals

Tencent Music Considers Launching U.S. IPO Early December

Views of Tencent's New Headquarters — Photographer: Qilai Shen/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Crystal Tse and Lulu Yilun Chen

November 23, 2018 at 5:17 AM UTC

This article is for subscribers only.

Tencent Music Entertainment Group, the online-music arm of China’s largest social-media company, tentatively plans to start taking investor orders on Dec. 4 for its planned U.S. initial public offering, according to people with knowledge of the matter.

The music-streaming firm aims to begin trading Dec. 12 in New York, the people said, asking not to be identified because the information is private. Timing of the offering hasn’t been finalized and could change depending on market conditions, the people said.