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 Spotify has finally filed to go public, and in doing so the Swedish company has shed light on another huge music company that has been tipp...

Tencent Music, Spotify’s strategic partner in China, is valued at over $12B

 Spotify has finally filed to go public, and in doing so the Swedish company has shed light on another huge music company that has been tipped for IPO — Tencent Music — which is now valued at over $12 billion. Tencent and Spotify announced a share swap in December that saw each side take an undisclosed slice of the other for strategic purposes going forward. According to… Read More


from TechCrunch http://ift.tt/2GSfKyW

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