March 18 (Reuters) - Tencent Music Entertainment Group's ( TME )

revenue rose 8.2% in the fourth quarter, as China's

biggest music streaming company registered its second straight

quarter of growth after a year-long slowdown.

The company posted revenue of 7.46 billion yuan ($1.03

billion) for the quarter ended December, exceeding analysts'

estimates of 7.30 billion yuan, according to LSEG data.

The U.S.-listed shares of the company were up 3% in

premarket trading.

Tencent Music's premium Super VIP (SVIP) membership, which

combines long-form audio content, online karaoke services and

high-quality sound, has gained significant traction among users.

However, the social entertainment unit continues to weigh on

overall growth due to the removal of certain live-streaming

features to comply with Beijing's anti-gambling regulations.

For the fourth quarter, revenue from the social

entertainment services business, which includes karaoke app

WeSing and live concert platform Kuwo Music, was 1.63 billion

yuan, down from 1.87 billion yuan a year ago.

The social entertainment segment showed signs of recovery,

with revenue rising 6% from the previous quarter despite the

year-on-year decline.

The sequential growth suggests the impact of regulatory

measures has largely played out, said Charlie Chai, analyst at

86Research.

Chief Executive Ross Liang told analysts on a post-earnings

call that the social entertainment business remains in a state

of "stabilization with some downward pressure" for this year

amid ongoing industry challenges.

($1 = 7.2228 Chinese yuan renminbi)