Tencent, Tencent Music value Thailand's GMM Music at $700 mln with stake buy

Tencent Music Entertainment

03/06/2024 07:21

June 3 (Reuters) - Thai entertainment platform GMM Music
on Monday said Tencent  0700.HK  and Tencent Music Entertainment
 1698.HK  will acquire a 10% stake in the company, valuing it at
$700 million.

 (Reporting by Adwitiya Srivastava in Bengaluru; Editing by
Mrigank Dhaniwala)
 ((Adwitiya.Srivastava@thomsonreuters.com;))