Himalaya responds to acquisition: The company's development strategy remains unchanged and will continue to embrace AI
Regarding the acquisition of the company by Tencent Music Entertainment Group, a wholly-owned subsidiary listed on the Hong Kong Stock Exchange, Ximalaya stated on June 11 that the merger and acquisition will be officially completed after all preconditions are met. Based on past related cases, the typical timeframe is around one year or even longer. Currently, Ximalaya continues to operate as an independent entity
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