Tencent owns almost half of the social media platform developer, which had revealed its intentions to go public earlier this year.
China-based social media platform developer Soulgate has filed to raise $100m in an initial public offering on the Nasdaq Global Market, presenting an opportunity for internet and gaming group Tencent to exit.
Founded in 2016, Soulgate operates an online social media platform called Soul which is aimed at younger audiences who can peruse a variety of content based on their interests and communicate with each other. It does not require users to identify themselves but allows them to create…
