Tencent, Tencent Music to pick up 10% stake in Thailand's GMM Music for $70 million

- Thai entertainment platform GMM Music on Monday said Tencent and Tencent Music Entertainment will acquire a 10% stake in the company, valuing it at $700 million.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.

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Source: Entertainment Trends (entertainmenttrends.net)

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