Chinese gaming company NetEase's music streaming arm files for an IPO in Hong Kong, that source says could raise ~$1B; filing shows it had 180M+ MAUs in 2020 (Bloomberg)

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Bloomberg:
Chinese gaming company NetEase's music streaming arm files for an IPO in Hong Kong, that source says could raise ~$1B; filing shows it had 180M+ MAUs in 2020  —  - CICC, Credit Suisse and BofA are working on the offering  — Co. has secured licensing deals with Universal Music, Sony

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