On the morning of July 2nd, the news reports on the new round of financing in Himalaya's Tencent and next year's listing in Hongkong, Himalaya responded that there was no exact listing plan and time arrangement, and a new round of financing with Tencent was not true.
Today, it is reported that Himalaya is carrying out a new round of financing with Tencent. The scale of the current round of financing is 4 billion yuan, valued at 24 billion yuan. At the same time, Himalaya is building a VIE framework and decided to list in Hongkong next year, with a target valuation of 50 billion yuan.
In May, Qingdao city media Limited by Share Ltd issued a "announcement on the proposed involvement of the dollar fund", which said the company would subscribe to Grand Everlasting Limited Partnership with a company's own funds of not more than $40 million, which will be expected to invest in a domestic mobile Internet audio industry. Occupying about 1% of the stakes.
According to all weather technology reports, a person familiar with the matter said the audio business was Himalaya. At this investment price, Himalaya is valued at $4 billion. Himalaya has told sina science and technology that there is no definite information about the investment.
At the end of 2015, Himalaya FM joint CEO Chen Xiaoyu once said that Himalaya FM had completed the VIE split and was planning C round financing and the mainland motherboard. City media has been involved in Himalaya's C round financing. In June 13, 2016, Qingdao city media announced that the company indirectly participated in Himalaya financing through Qianhai Xing Wang Cci Capital Ltd, Shenzhen, with an investment amount of 60 million yuan, and the urban media accounted for about 1.45% of Himalaya's equity after the completion of the investment. Prior to that, in 2014, Himalaya FM completed the A round of $11 million 500 thousand and B's $50 million financing.