News brief
On 2026/5/18, Tencent Music announced formal closing of its Ximalaya acquisition. Equity securities held by relevant Ximalaya shareholders and employee share plans were canceled in exchange for up to USD 1.26 billion cash and up to 175 million Tencent Music Class A ordinary shares. Ximalaya became its wholly owned subsidiary.
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English text is maintained separately from the original record. Consult the original source before citing a fact.
- news.southcn.com ↗Published May 18, 2026
Original source text
Names may use phonetic renderings when no English name is supplied. The original wording is retained below.
2026年5月18日腾讯音乐公告对喜马拉雅的并购交易正式完成交割，喜马拉雅相关股东及员工持股计划权益证券注销，换取最高12.6亿美元现金及最多1.75亿股腾讯音乐A类普通股，喜马拉雅成为腾讯音乐全资附属公司。