Ximalaya FM and Susquehanna International Group have taken part in a $100m round to launch podcast network Himalaya, which was spun out of Ximalaya.

China-headquartered audio network Ximalaya FM spun out US-based podcasting platform Himalaya on Wednesday with $100m in funding from investors including Ximalaya. Quantitative trading firm Susquehanna International Group and growth equity firm General Atlantic also participated in the round. Formed by Ximalaya with a view of taking on the US market, Himalaya aims to build a…

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