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Ximalaya has submitted an application for listing to the HKEx on Monday after dropping plans to list publicly in the United States. The firm's co-sponsors were Goldman Sachs, Morgan Stanley and CICC.
Qingting FM, an online audio platform launched in September 2011, announced the completion of a new round of financing, which was led by COL and followed by Xiaomi, Ruiyi Investment and Puwei Investment.
Audio streaming platform Ximalaya announced a strategic partnership with Pottermore Publishing on Tuesday, which will give it the rights to Chinese audio recordings of "Harry Potter."
Two years later, the Chinese online audio platform Ximalaya is making its fourth attempt at an IPO.