Friday Flashback: Tencent Music Targets Spotify by Debuting on NYSE Know what happened in the APAC region over the past week

By Nidhi Singh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur Asia Pacific, an international franchise of Entrepreneur Media.

Here's a new series on the big developments that took place in the APAC region over the past one week.

1. The China- based online music entertainment platform Tencent Music has raised nearly $1.1 billion in its US IPO after pricing its shares at the bottom of a marketed range.However the company could not gain the momentum it expected.

2. According to a Wealth Report Asia 2018 by Private Bank Julius Baer, Women in China account for one third of the global luxury goods consumption

3. Yamaha Motor and Southeast Asia's ride hailing giant have formed a partnership to collaborate in motorcycle ride-hailing service within the Southeast Asian region with a focus on Indonesia. As part of the partnership agreement, the Japanese automaker will invest US$150 million in Grab.

Wavy Line
Nidhi Singh

Former Correspondent, Entrepreneur Asia-Pacific

A self confessed Bollywood Lover, Travel junkie and Food Evangelist.I like travelling and I believe it is very important to take ones mind off the daily monotony .

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