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Tencent Music Entertainment Group
NYSE:TME
$13.325

Financials

Next Quarter EPS Estimate0.12
Profit Margin0.14
Return on Assets0.04
Return on Equity0.09
Earnings Per Share0.32
Gross Profit8,673,000,000
Quarterly Revenue Growth0.16

General

NameTencent Music Entertainment Group
TickerTME
ExchangeNYSE
SectorCommunication Services
IndustryInternet Content & Information
CurrencyUSD
CountryUSA
Fiscal Year EndDecember
Full Time Employees3,610

About Tencent Music Entertainment Group

Tencent Music Entertainment Group operates online music entertainment platforms that provides 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 and listen to music in personalized ways; and WeSing, which enables users to have fun by singing and interacting with friends, sharing their singing performances with friends, and discovering songs that others have sung. The company also operates Kugou Live and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with those interested in their performance. In addition, it sells music-related merchandise, including Kugou M1 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. Tencent Music Entertainment Group has a strategic partnership with CoMix Wave Films. The company was formerly known as China Music Corporation. The company was incorporated in 2012 and is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.

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