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Tencent Music beats quarterly revenue estimates
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Tencent Music beats quarterly revenue estimates
Aug 12, 2025 2:27 AM

Aug 12 (Reuters) - Tencent Music Entertainment ( TME )

surpassed second-quarter revenue expectations on

Tuesday, driven by stronger subscriber growth and rising

engagement with long-form audio content such as podcasts and

audiobooks.

Its revenue rose 17.9% to 8.44 billion yuan ($1.17 billion)

during the period, compared with analysts' average estimate of

7.96 billion yuan, according to data compiled by LSEG.

($1 = 7.1903 Chinese yuan renminbi)

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