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Tencent Music Entertainment GroupTME
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Overview >
Market Cap
29.15B
Revenue (ttm)
3.99B
Net Income (ttm)
1.31B
Shares Out
1.58B
EPS (ttm)
0.84
PE Ratio
21.97
Forward PE
21.62
Dividend
$0.18 (0.98%)
Ex-Dividend Date
Apr 3, 2025
Volume
10,375,438
Open
18.39
Previous Close
18.82
Day's Range
18.35 - 18.81
52-Week Range
9.41 - 19.40
Beta
0.50
Analysts
Strong Buy
Price Target
15.00 (-18.57%)
Earnings Date
May 13, 2025
Description >

Tencent Music Entertainment Group operates online music entertainment platforms to provide music streaming, online karaoke, and live streaming services in the People's Republic of China.

It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover music in personalized ways; and WeSing, which enables users to sing from its library of karaoke songs and share their performances in audio or video formats with friends.

The company also operates QQ Music, Kugou Music, Kuwo Music, WeSing, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with a diverse audience base; and Lazy Audio, an audio platform.

In addition, it sells music-related merchandise, including Kugou headsets, smart speakers, WeSing karaoke microphones, and Hi-Fi systems; and offers online music event ticketing services, as well as services to smart device and automobile makers to build and operate music services on devices and vehicles.

The company is based in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.

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