Investment Summary

Tencent Holdings Invests In Universal Music Group

On March 31, 2020, Tencent Holdings invested in media company Universal Music Group from Vivendi

Investment Highlights
  • This is Tencent Holdings’ 1st transaction in the Media sector.
  • This is Tencent Holdings’ 3rd transaction in the United States.
  • This is Tencent Holdings’ 3rd transaction in California.

Investment Summary
Date 2020-03-31
Target Universal Music Group
Sector Media
Investor(s) Tencent Holdings
Sellers(s) Vivendi
Deal Type Stake Purchase

Target

Universal Music Group

Santa Monica, California, United States
Universal Music Group, Inc. is a provider of recorded music, music publishing, and merchandising services based in Santa Monica, California..

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Investor(S) 1

Investor

Tencent Holdings

Shenzhen, China
Category Company
Founded 1998
Sector Internet Software and Services
Employees104,787
Revenue 609.0B CNY (2023)
DESCRIPTION

Tencent is a provider of a comprehensive range of Internet and wireless value-added services. Through its various online platforms, including Instant Messaging QQ, web portal QQ.com, the QQ Game platform under Tencent Games, multi-media social networking service Qzone and wireless portal, Tencent services the largest online community in China and fulfills the user's needs for communication, information, entertainment and e-Commerce on the Internet. Tencent has three main streams of revenues: Internet value-added services, mobile and telecommunications value-added services and online advertising. Tencent Holdings was founded in 1998 and is based in Shenzhen, China.

DEAL STATS #
Overall 11 of 15
Sector (Media) 1 of 1
Type (Stake Purchase) 6 of 7
State (California) 3 of 4
Country (United States) 3 of 4
Year (2020) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-04 Maya Innovations

Manila, Philippines

Maya Innovations is a technology company focused on developing customer-centric emerging market platforms in the areas of digital payments, digital finance, and marketing technologies. Maya Innovations was founded in 2013 and is based in Manila, Phillippines.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-02 58.com

Beijing, China

58.com operates an online marketplace serving local merchants and consumers, as measured by monthly unique visitors on both its website and mobile applications. 58.com was founded in 2005 and is based in Beijing, China.

Sell -

Seller(S) 1

SELLER

Vivendi

Paris, France
Category Company
Founded 1853
Sector Publishing
Employees39,200
Revenue 10.5B EUR (2023)
DESCRIPTION

Vivendi is a publisher of an interactive content products and co-publishes for various strategic partners worldwide. Vivendi was founded in 1853 and is based in Paris, France.

DEAL STATS #
Overall 5 of 5
Sector (Media) 1 of 1
Type (Stake Purchase) 1 of 1
State (California) 1 of 1
Country (United States) 3 of 3
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-31 Editis SA

Paris, France

Formed in 1835, Editis SA is a publishing group engaging in the business of literature, education, and reference publishing based in Paris.

Buy €900M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-21 Lagardere

Paris, France

Lagardere is a diversified media group which operates through four divisions. These include Lagardere Publishing, Lagardere Services, Lagardere Active, and Lagardere Unlimited. Lagardere was founded in 1826 and is based in Paris, France.

Buy -
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