The Digital Source For China's Tech Innovation Since 2000

Search
Close

Chinese tech giant NetEase to spin off its music streaming business Cloud Village in a $500 million Hong Kong IPO

November 24, 2021
Source: techstartups.com techstartups.com
News Snapshot:
NetEase announced early Tuesday morning that it plans to spin off its music streaming business Cloud Village in a $500 million initial public offering (IPO) in the Hong Kong stock exchange. The announcement came as the Chinese tech giant attempted to revive the IPO, after shelving the plan in August but was reportedly delayed due to volatile market conditions. NetEase said the IPO is now back on track. As part of the IPO of which the final price has still not been set, Cloud Village will offer 16 million shares at a price between 190 Hong Kong dollars and 220...
Go To Original Source →
Tags: acquisition | advertising | Alibaba | China | Chinese | currency | e-commerce | entertainment | export | Exports | Hong Kong | import | insurance | Internet | ipo | NetEase | online game | online shopping | online video | Renminbi | revenue | stock exchange | technology | Wireless | Yuan

Other Related News:

Chinese robotic dog maker Unitree distances itself from Russian report showing a mounted rocket launcher 'SCMP' News Summary (Hong Kong) BEAMSTART

August 17, 2022

Chinese e-commerce market set to overtake US in total customer spending

August 17, 2022

Photo Prints Market is booming Globally with Top key players-Ifolor, Orwo, Walmart Photo, CEWE, Amazon Prints, Fujifilm, Bay Photo Lab, District Photo, Albumprinter(Cimpress), Office Depot, Xiangshenghang, Pro Lab, Allcop, Process One Photo, China-Hongkong Photo, CVS Photo, Mpix, Kim Tian Colour, Vistek, Nations Photo Lab, Kallos Studio, Walgreens Photo

August 17, 2022

Beijing forces digital giants to reveal their algorithms

August 17, 2022

Chinese tech company reveals robot weeks before Tesla

August 17, 2022

Chinese power cuts to have ‘little impact’ on production: Hon Hai

August 17, 2022

Tencent looks overseas for video gaming growth as home market cools under tech crackdown 'SCMP' News Summary (Hong Kong) BEAMSTART

August 17, 2022

Tencent looks overseas for video gaming growth as home market cools under tech crackdown

August 17, 2022

[Doujinshi] [Camrism (Kito Sakeru)] Kusozako Manko Kyaru-chan to Kusozako Chinpo Kishi-kun ? ? (Princess Connect! Re:Dive) [Chinese] [?] [Digital]

August 17, 2022
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
Menu
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2022 ChinaTechNews.com. A Service of Asia Media Network.
Twitter
Posting....