Over the last ten years, South African equity investors have seen much of their investment return generated by listed media and technology group Naspers. In turn, Naspers has seen much of its valuation driven by its underlying investment in Chinese technology group Tencent.
One of the potential catalysts for investors will be the Initial Public Offering of Tencent Music and the team from The Motley Fool have unpacked the investment case for Tencent Music in the below 3 videos:
Think Spotify is the World’s Biggest Music Streamer? Think Again
Tencent (NASDAQOTH: TCEHY) Music is preparing to go public soon. Its business model is similar to its peers in many ways, but different in other important ways.
Tencent Music isn’t Really About Music Streaming
Tencent Music might be the Spotify of China, but it has a completely different business model than its peer. Social entertainment services dominate Tencent (NASDAQOTH: TCEHY) Music’s financials, which is a key contributor to the company’s profitability.
Why Tencent Music is Delaying its IPO
Recent market volatility could be rattling investors, particularly those that are interested in risky assets — like IPOs. That’s why Tencent (NASDAQOTH: TCEHY) Music has decided to wait a few weeks before its debut. Prospective investors won’t have to wait too long though, as the company is still expected to go public in November.