In response to the conditionally approved acquisition of Ximalaya equity by Tencent, the State Administration for Market Regulation held a regular press conference for the second quarter of 2026 on the 16th. Wang Qiuping, the spokesperson and director of the News and Publicity Department, stated that after multiple rounds of negotiations, both parties involved in the transaction have made targeted commitments. The administration evaluated and determined that these commitments can effectively mitigate adverse impacts on competition, leading to the conditional approval.
The commitments made by Tencent and Ximalaya primarily include: first, not increasing platform service prices and not reducing service levels. Second, ensuring the supply of free content. Third, terminating exclusive licensing agreements. Fourth, refraining from bundling services with automobile manufacturers. Fifth, not restricting hosts from joining the platform or content distribution.
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Tencent and Ximalaya Pledge to Maintain Current Service Prices
Deep News16:35
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