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

Editor’s note: A subsequent Axios report on September 3, 2019 revealed that the $100m was actually a three-year commitment from Ximalaya, Himalaya’s majority shareholder. General Atlantic is an investor in Ximalaya and not Himalaya, and Ximalaya had provided $10m as of September. GCV data has been changed accordingly. China-headquartered audio network Ximalaya FM spun out…

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