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Tencent Music Entertainment Group

TME

Company Profile

  • Business description

    TME is the largest online music service provider in China. It was founded in 2016 with the business combination of QQ Music (founded in 2005), Kuwo Music (founded in 2005) and Kugou Music (founded in 2004) streaming platforms. Tencent is the largest shareholder of TME with over 50% shares and over 90% voting rights held. TME also provides social entertainment services, including music live audio/video broadcasts and online concert services through the three platforms mentioned above, and online karaoke through an independent platform WeSing.

  • Contact

    Kexing Science Park, Kejizhongsan Avenue
    Unit 3, Building D, Hi-Tech Park
    Nanshan District
    Shenzhen 518057
    CHN

    T: +86 75586013388

    https://www.tencentmusic.com

  • Sector

    Communication Services

    Stock type

    Sensitive

  • Industry

    Internet Content & Information

    Fiscal Year End

    31 December 2024

    Employees

    5,185

Tencent Music Entertainment Group News & Analysis

markets

Asian markets are globalising

In an era of onshoring and localisation, revenue sources show an increasingly interconnected world economy

Markets

Index
Last price
Change
% Change
All Ordinaries 7,906.60 69.20 0.88%
CAC 40 8,076.34 11.90 -0.15%
DAX 40 18,137.41 23.60 -0.13%
Dow JONES (US) 38,330.84 91.18 0.24%
FTSE 100 8,157.12 17.29 0.21%
HKSE 17,746.91 95.76 0.54%
NASDAQ 15,972.72 44.82 0.28%
Nikkei 225 37,934.76 306.28 0.81%
NZX 50 Index 11,916.24 111.15 0.94%
S&P 500 5,114.02 14.06 0.28%
S&P/ASX 200 7,637.40 61.50 0.81%
SSE Composite Index 3,113.04 24.41 0.79%

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