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Tencent-Ximalaya decision puts China's smart-car ecosystem concerns in spotlight

By MLex Staff ( May 13, 2026, 06:11 GMT | Insight) -- China’s antitrust regulator on Tuesday published its conditional approval for Tencent Holdings’ acquisition of audio platform Ximalaya through Tencent Music Entertainment Group, saying the deal could allow the merged company to use Tencent’s deep presence in in-car music services to squeeze rivals out of potential smart-car distribution channels. China’s antitrust regulator on Tuesday published its conditional approval for Tencent Holdings’ acquisition of audio platform Ximalaya through Tencent Music Entertainment Group, saying the deal could allow the merged company to use Tencent’s deep presence in in-car music services to squeeze rivals out of potential smart-car distribution channels. ...

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