Tencent Music Entertainment Group

TME

Equity

ISIN null / Valor 44023672

New York Stock Exchange, Inc (2026-07-23)

USD 8.76-0.23%

Tencent Music Entertainment Group
UMushroom community rating:

4.44 9 votes No rating yet

NegativeNeutralPositive

About company

Tencent Music Entertainment Group (TME) is a leading force in the digital music and audio entertainment landscape in China, offering a wide array of services across its platforms. TME operates TME Music Cloud, a digital distribution platform that caters to musicians, music labels, and record companies worldwide, facilitating global distribution, data analysis, and marketing services. It boasts partnerships with over 200 domestic and international platforms, including notable names like Apple Music and Douyin, providing a comprehensive cloud-based music library and customized operations. Additionally, TME owns Lazy Audio, a premier platform for long-form audio content in China, offering a diverse range of audiobooks, audio dramas, and educational content since 2012. QQ Music, another TME entity established in 2005, delivers a rich music experience with innovative features for user interaction and entertainment, while Kugou Music, founded in 2004, remains a popular online music platform in China, known for its extensive music content and social features. Collectively, these platforms underscore TME's commitment to enhancing the digital music experience, catering to a wide spectrum of user preferences and setting industry standards in technological innovation and content diversity.

Summarized from source with an LLMView SourceSector: Consumer Non-Cyclicals

Latest Results ():

Summarized from source with an LLMView Source

Key figures

-59.4%1Y

30.0%3Y

-18.7%5Y

Performance

49.2%1Y

50.0%3Y

59.7%5Y

Volatility