63TA:FRA
Tencent Music Entertainment Group - ADR
€6.74
0.00%
(0.00) 1D
Sep 9, 9:55:01 PM GMT+2 · EUR
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Mkt. cap
98.15B
Avg. vol.
510.00
Volume
0.00
52-wk high
€22.40
52-wk low
€6.90
No. of employees
6K
Mkt. cap
98.15B
Avg. vol.
510.00
Volume
0.00
52-wk high
€22.40
52-wk low
€6.90
No. of employees
6K
Profile
Tencent Music Entertainment Group is a company that develops music streaming services for the Chinese market. Tencent Music's apps include QQ Music, KuGou, Kuwo, and WeSing; which have more than 800 million active users and 120 million paying subscribers. As of July 2016, Tencent Music's three services held an estimated 56% market share of music streaming services in China.
In the first quarter of 2021, Tencent Music announced it had 60.9 million paying users, up 42.6% compared to the 42.7 million paying users in the first quarter of 2020. In addition, the total number of music streaming users was announced to be 615 million, a drop of 6.4% compared to the first quarter of 2020. Wikipedia
About Tencent Music Entertainment Group - ADR
CEO-
Employees5.69K
FoundedJul 2016
HeadquartersNanshan, Guangdong Province, China
SectorEntertainment
Websitetencentmusic.com