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Ximalaya Acquisition Closes as Tencent Music Deepens Its China Audio Push

Ximalaya acquisition closed after Tencent Music won conditional Chinese approval, giving the company a larger position in podcasts, audiobooks, and in-car audio while regulators kept competition safeguards in place nationwide.

Samuel Berrit OlamMay 19, 2026

Technology

China Data Centers Enter Spot Power Market for First Time

China data centers entered electricity spot trading in Guangdong for the first time, showing how Beijing is pushing AI infrastructure to respond to real-time power prices, grid stress, and decarbonization.

Samuel Berrit OlamMay 18, 2026

Ximalaya Acquisition Closes as Tencent Music Deepens Its China Audio Push

China Data Centers Enter Spot Power Market for First Time

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China Tech

Ximalaya Acquisition Closes as Tencent Music Deepens Its China Audio Push

China Data Centers Enter Spot Power Market for First Time

Alibaba AI Growth Accelerates as Cloud Gains Outpace Profit

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