Tencent Music: Will TME Avoid the Fate of Its Troubled Streaming Peers?
One of the key areas of pushback for the Tencent Music Entertainment (TME US) IPO stems from worries about recent IPO Spotify (SPOT US) and...
823 Views
Tencent Music Entertainment IPO Valuation: With Bearish Thesis Validated, Fair Value Below Low End
Based on IPO price range of US$13 to US$15 per ADR, we do not think that Tencent Music Entertainment (TME US) is attractively valued. 3Q18...
939 Views
Tencent Music Entertainment Group – Back in the Groove with an Unjustified Valuation Multiple
The proposed IPO of Tencent Music Entertainment (TME US) although highly anticipated is no slam dunk for investors. China's online social...
798 Views
Tencent Music Entertainment IPO: Live Streaming Industry Dynamics Portend Much Slower Growth Ahead
The understanding of Chinese live streaming industry is key in predicting the growth prospect of Tencent Music Entertainment (TME US). Our finding...
732 Views
Tencent Music Pre-IPO - Valuations Estimates -Â Leaving on a Jet Plane - $30bn Was Quite Stretched
Before I could publish this insight, on my way to work I just read in the FT that the IPO has been called off for now. One can't be sure when it...
977 Views