Tencent Music Entertainment Group on Tuesday filed to go public in the U.S., kicking off what will likely be one of the biggest technology IPOs to date.
China’s largest music-streaming company, part of internet giant Tencent Holdings Ltd., operates several popular apps including QQ Music and an online karaoke platform. It is benefiting from a broad boom in streaming that has reshaped the music industry, and its shares will hit the market during one of the hottest years for initial public offerings in recent memory.
...