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Expanding TME's Global Footprint to Elevate International Music Experiences SHENZHEN, China , Oct. 17, 2024 /PRNewswire/ -- Tencent Music Entertainment Group (TME) today announced a strategic partnership with Galaxy Corporation, the agency representing the influential global musician G-Dragon, for his upcoming regional tour. The collaboration marks a significant step forward in TME's ambitions to expand its global presence and further solidify its position in the international music scene.
Does Tencent Holding Ltd. (TCEHY) have what it takes to be a top stock pick for momentum investors?
Tencent (TCEHY, Financial) is experiencing a notable decline today, with its share price down by 8.9% to $56.80 amidst investor concerns over the extent of economic stimulus measures from the Chinese government.
Uncertainty surrounding China's stimulus plans is causing volatility for Tencent.
France-based video game publisher Ubisoft acknowledged recent “press speculation” that its founders were in talks to sell the company. Bloomberg News reported last week that the Guillemot family, which founded Ubisoft in 1986, was in talks with Tencent about a potential buyout.
Shares of Ubisoft jumped more than 30% Friday, following reports that Tencent and the Guillemot family are considering a buyout of the video game maker.
Tencent and Ubisoft's founding Guillemot family are considering options including a potential buyout of the French video game developer after it lost more than half its market value this year, according to sources. Bloomberg's Benoit Berthelot joins Caroline Hyde and Ed Ludlow on "Bloomberg Technology.
Bloomberg reported that Tencent and Ubisoft's founding Guillemot family are discussing a potential buyout of the French video game developer.
Tencent Holdings is considering a possible buyout of Ubisoft Entertainment with the Guillemot family, which founded the French video game publisher, Bloomberg reported Friday, sending Ubisoft's stock soaring after falling to a decade-low.
Ubisoft shares surged 30% Friday after a media report that Tencent and the firm's founding Guillemot family are considering a potential buyout of the company.