As SM Entertainment rides the Hallyu WayV into the Chinese market, the K-pop giant announced a partnership with one of the region’s biggest players: Tencent Music Entertainment.

SEOUL, May 27 (Yonhap) -- K-pop powerhouse Hybe said Tuesday it will sell its entire stake in rival SM Entertainment to China's Tencent for 200 billion won (US$145.5 million). In a regulatory ...

HYBE disclosed the sale of its remaining 9.38% stake in SM Entertainment to Tencent Music Entertainment, a subsidiary of Chinese tech giant Tencent.

SM-Chinese market. SEOUL, May 29 (Yonhap) -- SM Entertainment will expand its strategic partnership with Tencent Music Entertainment Group, following the Chinese streaming giant's move to become ...

SEOUL (Reuters) -China's Tencent Music is expected to become the second-largest shareholder of major K-pop agency SM Entertainment, according to a South Korean filing on Tuesday. South Korea's ...

With this acquisition, following Kakao, Tencent Music is set to become the second-largest shareholder of SM Entertainment, an agency of Kpop groups like EXO, Red Velvet, aespa, and more.

HYBE has sold its remaining 9.38% stake in rival SM Entertainment to Tencent Music Entertainment for approximately $177 million, the company revealed in regulatory filing. The SM agency is home to ...

K-pop powerhouse Hybe is offloading its entire stake in industry rival SM Entertainment to Tencent, positioning the Chinese tech giant as SM’s second-largest shareholder and ending a tense ...

Tencent Music Entertainment Group, which is controlled by Tencent, will buy the stake from BTS-agency Hybe Co Ltd, which is selling its remaining 2.2 million shares in SM Entertainment at 110,000 ...

South Korea's Hybe said in a regulatory filing that it plans to sell its 2.2 million shares in SM Entertainment to Tencent Music Entertainment for 243 billion won ($177 million) on May 30.

K-pop powerhouse HYBE said Tuesday it will sell its entire stake in rival SM Entertainment to Tencent Music Entertainment Group, a subsidiary of China's tech giant Tencent, for about 200 billion ...