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Tencent Music will probe the Global IPO Market

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Tencent Music’s public offering will serve to probe the global OPV markets. China’s response to Spotify could continue with an IPO of 2 billion dollars in New York in December, according to several media articles citing sources close to the agreement.

It is a bad time of the year to sell new shares and Tencent has already rectified its plans once. Moderate treatment will confirm fears that the window for important departures is closing quickly.

The liquidation of shares worldwide has already affected the Tencent plan to get rid of its streaming branch, which is the majority owner, and which in turn is the owner of the QQ Music application. In May, the titan of games and social networks, 312,000 million euros, expected to rise up to 3,500 million euros in an agreement that would have valued Tencent Music Entertainment Group in 25,000 million dollars; they said sources close to the publication International Financial Review, by Refinitiv. The Chinese company delayed its plan to go public in October after reducing the size of the offer by half.

Tencent Music will struggle to reach Spotify’s high notes

Tencent Music investors relations will struggle to reach the top notes of Spotify. The titan of social networks and games in China is going to market its streaming music branch with a valuation of up to 24,500 million dollars (21,500 million euros). Sales go up, and the unit has a new and profitable business model. However, the company’s great premium over Spotify is hard to justify.

The most important music application in China originally planned to raise at least 2 billion dollars (1,800 million euros) in October, according to nearby sources. But the fall of the market worldwide, aggravated by the commercial tensions between the United States and China, caused the Tencent Music’s IPO to be delayed.

The reasons for the alliance between Tencent and Spotify in music streaming

Spotify, the world’s first streaming platform, and the music division of Chinese media giant Tencent, announced a mutual minority stake. For both platforms, these investments, the amount of which has not been disclosed, should allow them to strengthen their catalog and their ability to negotiate licenses with the music production companies. What reassure investors for possible IPOs next year for both companies?

Spotify dominates the Western market, with 140 million active users, including 60 million subscribers paying $ 10 a month minimum. Tencent, through its three platforms – KuGou, QQ Music, and KuWo – has nearly 700 million monthly users, but only 15 million of them pay for its services. However, Spotify is not present in China and Tencent Music investor relations financial results is only at the beginning of the monetization of its subscribers.

Rich content for subscribers

The example of video games shows that it becomes possible to pay small sums to Chinese consumers for better services. Tencent, at the head of the two major Chinese social networks – QQ Music and WeChat (which is close to one billion users) – is a master in this art, also showing success in online video as in reading line. This is what drives investors to buy shares of the Chinese company, whose value is close to $ 500 billion ($ 424 billion).

In music streaming, Tencent is in a particularly favorable position: its three platforms are the first three in the market. KuGou (“cool dog”), the first on the market, owes its success to China’s small towns and countryside, with very popular songs that make singing in karaoke and dancing in public squares. QQ Music is more classic. KuWo is also a hit in karaoke and stands out on the live streaming of music videos.

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Entertainment

Bigtime Daily reveals the Top Rated Travel Photos of 2019 till now

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After browsing through the travel category on Instagram for many days, Bigtime Daily has come up with the top rated 5 photographs on travel, that have become a great source of inspiration for many. A lot of people get inspired from these photographs and end up booking a tour for themselves as well.

If you are looking to travel more this year, then we have fully got you covered. Not only we will share with you some top travel photograph picks, but also some popular travel blogs and photographers you should follow. They have done a wonderful job using Instagram as a platform to share their travel pictures. Many companies use Instagram for travel marketing to attract the viewers into booking the tours. And these photographers are just the inspiration you need to head out for those companies.

Each of the photographs here will have you pack your bags immediately and go on a wonderful trip. Be it the snowy mountains, stunning beaches, or simply a getaway with your loved ones, your wish list will become full of adventurous places. Here are some top rated travel photos of this year, which you can look forward to.

1. The Alhambra Palace – Spain

A photo taken by @ExpertVagabond, this picture covers the stunning views of the Spanish city. In this picture, you can see the snowy mountains of Sierra Nevada. This photograph is the view of Spanish city, Granada. And the palace shown in the Alhambra Palace, that was originally constructed in AD 889.

This complete photograph is a great motivation for all the travel enthusiasts who want to discover something new and exciting with every trip of theirs.

2. Western Australia Beach – Australia

Have you ever wished to enjoy with a kangaroo? Well, in this case, you can literally do that. A photo taken by @EverChangingHorizon, here you can literally enjoy the beaches as well as play with the kangaroos. Australia is popular for these animals. But here you can actually enjoy with them while having a great time at the beach.

3. Canyons of Buckskin Gulch – Arizona

Another photograph by @EverChangingHorizon, this image captures the beautiful canyons of Buckskin Gulch in Arizona. Similar to these, there are way too many amazing views in Buckskin Gulch, which will leave you wanting for more.

So all you need is pack your bags and book the tickets, and you can also enjoy these beautiful and amazingly created canyons of Arizona.

4. Sumba island – Indonesia

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Sumba dancing mangrove trees. The full series of images from Sumba island in Indonesia. It was quite a spontaneous trip: I took a short one hour flight from Bali, rented a scooter (with 160,000 km run and flat tire πŸ™ˆ). And ride through the island to this fantastic place. Seems that Sumba wasn't spoiled by foreigners on a bike: everyone was screaming, greeting and smiling when they see me on the road =) The place itself was very creative and challenging to photograph. It reminded me of Deadvlei in Namibia: with amazing possibilities to built totally different compositions. Danielkordan.com #Indonesia #wonderfulindonesia #iloveindonesia #Nikon #gitzoinspires #lucroit #madewithluminar #Sumba

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The dancing mangrove trees of Sumba also make a wonderful treat to watch. With just a 1 hour flight from Bali, you can arrive at this wonderful island of Sumba. This is one of the most beautiful scenes you will ever come across if in Indonesia.

If you are a photographer, then this is a must visit place you should have on the top of your bucket list. Rest others can wait. But the opportunity this place provides to the photographers is amazing. You can click them in any manner you like, making so many different compositions.

5. Barbados

This tiny coral island in the Caribbean is famous for its miles and miles of white sand beaches and cool clear emerald sea. It has some of the most elegant hotels along with quaint seaside inns and rustic windswept hideaways.

It is also the home of the famous chattel house villages. These are tidy tiny homes that are in perfect proportion to the grand house of their time. The tiny homes were build on land not owned by the inhabitants and made so that they could easily be moved if needed. That’s why they are called chattel houses. Those days have passed but the tiny houses are a symbol of the past and much loved by locals and tourism alike.

These were some of the stunning photographs of some of the popular places and photographers which Bigtime Daily found out. If you have not visited these places yet, you should definitely plan for them now.

Instagram and tourism

As you can see in this BigTime Daily roundup, Instagram is a perfect match for tourism. Travel brands from hotels to destinations are finding Instagram travel accounts that match their ideology and working with them. Tourism marketers are building their own Instagram profile to engage travelers with instant photos and videos of travel lifestyle vacations.

Today almost every traveler is a smartphone photographer. They capture every aspect of tourism with real encounters and authentic images. They are the new ambassadors of travel using Instagram to spread the word and share the moment. By their efforts, Instagram has become a defacto brochure of destinations. See more about Instagram and travel hereΒ  >>>.

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