Tencent Music Entertainment Group (TME)

Tencent Music Entertainment operates China’s leading online music and audio platforms, including QQ Music, Kugou Music and Kuwo Music, plus social karaoke through WeSing. Revenue comes from subscriptions, digital albums, live streaming, advertising and virtual gifts around music and fan communities. The group leverages a large user base and content ecosystem closely linked to the broader Tencent internet franchise.

Market
NYSE
Sector
Communication Services
Trend
Neutral
Last close
8.44 (-1.52% on the day)
MA50
8.32
MA200
10.45
52-week range
7.74–23.09
Market cap
14.1B USD
P/E
10.52
Dividend yield
19.41%
Data as of
2026-06-30
Quarterly revenue and earnings, millions of CNY
QuarterRevenueYoY %EarningsYoY %
Q1 20257,356—4,291129.4%
Q2 20258,442—2,40918%
Q3 20258,463—2,1533.4%
Q4 20258,641—2,203-13.1%
Q1 20267,8957.3%2,091-51.3%
Q2 20268,9335.8%2,4712.6%

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