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SOURCES CHINABASED XIMALAYA LINKDOC IPOTIMES FULLThe truck-hailing app Full Truck Alliance and online recruiter Boss Zhipin are two of the many Chinese companies that filed plans to go public in New York IPOs this year and are being subjected to intense scrutiny. The popular Chinese fitness app Keep is backed by Japan’s SoftBank and China’s Tencent and was looking to raise $500 million, sources told FT. IPO endeavors as Beijing intensified its policing of technology platforms in China. The news of LinkDoc ran parallel to the decision by Keep to pull its $500 million U.S. public listings are not forbidden, the move by LinkDoc is expected to spark a pull-out by additional Chinese companies with U.S. The move by officials prompted investors to unload Chinese stocks listed in the U.S.Īnalysts told Reuters that despite the fact that U.S. ![]() LinkDoc is likely the first Chinese startup to have retreated from its IPO plans as China’s regulatory agencies stepped up Big Tech oversight. The move against Didi from Chinese regulators came just two days after it went public in the U.S. Sources told Reuters that LinkDoc was in the midst of filing for a $211 million initial public offering (IPO) in New York but scrapped the plans after Beijing pulled Didi from app stores and from payment platforms WeChat Pay and Alipay. Medical data firm LinkDoc Technology and digital fitness platform Keep have both pulled out following regulators’ probes into ride-hailing giant Didi Global, according to separate reports from the Financial Times and Reuters on Thursday (July 8). in light of China’s crackdown on domestic companies looking to list overseas. In the future, Ximalaya will give full play to its advantages in the audio field, continuously introduce high-quality IP and produce more excellent audio works.Two Chinese startups suspended public listing plans in the U.S. SEE ALSO: Chinese Digital Audio Platform Ximalaya Launches Audio Drama Based on League of Legends Excellent voice actors are invited to perform, and through superb dubbing, fine production and rich sound effects, the original Harry Potter is vividly restored, bringing listeners a deep listening enjoyment. This time, Ximalaya will work with Voicegem, a top Chinese dubbing institute. SOURCES CHINABASED XIMALAYA LINKDOC IPOTIMES SERIESHarry Potter series was introduced into China in 2000. Today, the Harry Potter has been translated into more than 80 languages, won numerous awards and sold more than 500 million copies worldwide. Harry Potter is one of the best-selling book series in history. Pottermore Publishing is a global digital publisher of Harry Potter, the Fantastic Beasts series, and other audiobooks and e-books within the fantasy genre. It boasts rich experience in content production and channel distribution. ![]() ![]() In 2021, monthly active users reached 268 million. Ximalaya is a popular online audio sharing platform in China. Meanwhile, the seven English audiobooks of the Harry Potter series will also go online on Ximalaya on June 21, bringing more choices for listeners. From June 21, the first book in the series – Harry Potter and the Sorcerer’s Stone – will become available on Ximalaya, and the remaining six books will follow one after another in the future. With this cooperation, Ximalaya will present the full Chinese version of the Harry Potter book series. Audio streaming platform Ximalaya announced a strategic partnership with Pottermore Publishing on Tuesday, which will give it the rights to Chinese audio recordings of “Harry Potter.” ![]()
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