Tencent Music had a great second quarter in 2025. They made $1. 18 billion, which is 17. 9% more than last year. Their online music services grew a lot, especially their fancy SVIP memberships. These SVIP members get cool stuff like better sound quality, early concert tickets, and special artist merch. But not everything was perfect. Their social entertainment servi...
Tencent Music Entertainment Group, a top digital music service in China, had a great start to 2025. They made $1. 01 billion in the first three months, which is 8. 7% more than the same time last year. This boost came from more people paying for music subscriptions and from ads. But the real game-changer was a big payday from their investment in Universal Music Group...
The stock market can be a rollercoaster, and this week was no different for music streaming companies. After a tough four weeks, things started to look up for some big names in the industry. Tencent Music Entertainment saw a significant boost. Their shares jumped by 11. 6% to $14. 00. This happened after they released their fourth-quarter earnings. The company repor...
Tencent Music Entertainment Group, often called TME, is China's top music streaming service. It recently shared its financial results for the last three months of 2024. The news was good. The company made a lot of money, especially from people paying for music subscriptions. TME runs several popular apps, like QQ Music, Kugou Music, and WeSing. In the last quarter o...
Tencent Music Entertainment Group, a China-based online music platform, has caught the attention of analysts. Boris Van from Bernstein recently issued a favorable report, recommending investors buy TME's shares. Van set a price target of $13. 00, which is higher than the current share price of $10. 74. TipRanks data shows that Van is ranked among many analysts, but h...
Tencent Music Entertainment, the biggest digital music company in China, saw its revenue grow by nearly 7% in the third quarter of 2023. This growth was largely thanks to its streaming services, which managed to increase the number of paying subscribers and the average revenue per subscriber. The company now has 119 million paying subscribers, up by two million from ...
Imagine this: G-Dragon’s upcoming tour is set to be a game-changer, thanks to a new partnership between Tencent Music Entertainment (TME) and Galaxy Corporation. The collaboration, announced on Thursday, is all about expanding G-Dragon’s reach and giving fans an unforgettable experience. TME, a major player in the music scene, will help organize concerts in places li...