KM Financial Solutions | Tencent-backed China movie ticketing platform launches $345 mln HK IPO
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Tencent-backed China movie ticketing platform launches $345 mln HK IPO

Tencent-backed China movie ticketing platform launches $345 mln HK IPO

Maoyan Entertainment, China’s
top movie ticketing platform that is backed by internet giant
Tencent, launched on Friday its IPO in Hong Kong in
which it aims to raise up to $345 million, a much smaller sum
than what it was eyeing last year.
The company, which is also backed by online food
delivery-to-ticketing services provider Meituan Dianping
, offers ticketing services through its Maoyan and
Gewara apps in China – the world’s second-largest movie market
after the

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