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Tencent Leads $54M Series H In Music App As It Eyes IPO

by dealstreetasia.com posted 1year ago 474 views
Social media music company Smule has raised $54 million in a financinground led by Chinese technology giant Tencent Holdings Ltd, which it will use to fuel international growth. The deal will help San Francisco-based Smule expand its foothold in Asia and puts it on course for an initial public offering that could come as soon as within the next year and a half.