Description: SHANGHAI — The only Chinese social-media company to build a major network outside China will be taken over by a fast-growing Chinese upstart.

Source: NYTimes.com

Date: Nov 10, 2017

Link: https://www.nytimes.com/2017/11/10/business/dealbook/musically-sold-app-video.html?rref=collection%2Fsectioncollection%2Fbusiness&action=click&contentCollection=business&region=rank&module=package&version=highlights&contentPlacement=8&pgtype=sectionfront

Questions for discussion:

• What might explain the valuation of this deal?
• What does this deal say about valuations for other social media firms?