Tencent, Tencent Music value Thailand’s GMM Music at $700 million with stake buy

(Reuters) – 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.

(Reporting by Adwitiya Srivastava in Bengaluru; Editing by Mrigank Dhaniwala)