China’s biggest online movie ticketer, backed by Tencent, files for IPO

Chinese internet giant Tencent is up to something again in the ticketing business. The company, indeed, backs China’s largest online movie-ticket seller, Maoyan, which has just filed for its initial public offering in Hong Kong.

Maoyan has yet to reveal how much it will raise or at what valuation. Anyway, according to regulatory filings, it comprised more than 60% of China’s market for online ticket sales in the first half of 2018. The company has operated at a loss for the past three years, though these losses narrowed between 2015 and 2017 - but the trend reversed in the first half of 2018 when losses widened again.

Follow! >

I do quite naughty things now. I do like to be a bit sexy Who said it? >

Rockol

only publishes for promotional use and/or “for press use” images, as delivered and/or authorized by record labels, press offices, promotional agencies;
only resorts to “degraded images” as part of its information feed
only accepts non-exclusive, copyright free images;
publishes live photographs by authors who have previously granted their use on Rockol’s properties and whose copyright/logo is clearly featured on the images themselves.

Feedback

Please immediately report the presence on Rockol of any images not belonging to the above categories: we shall rapidly verify and proceed to immediately removing them in case of any unproper use.