March 19 (Reuters) - China's Tencent Music Entertainment
Group ( TME ) beat fourth-quarter revenue estimates on
Tuesday, driven by growth in paid subscription on its
Spotify-like music streaming platform.
The audio entertainment platform reported revenue of 6.89
billion yuan ($957.02 million) for the fourth quarter. Analysts
on average had expected revenue of 6.71 billion yuan, according
to LSEG data.
($1 = 7.1994 Chinese yuan renminbi)