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TME

Tencent Music Entertainment Group each representing two

Logo Tencent Music Entertainment Group each representing two

Consumer Discretionary

Broadcasting

Nasdaq

as 04-17-2024 11:30am EST

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TME is the largest online music service provider in China. It was founded in 2016 with the business combination of QQ Music (founded in 2005), Kuwo Music (founded in 2005) and Kugou Music (founded in 2004) streaming platforms. Tencent is the largest shareholder of TME with over 50% shares and over 90% voting rights held. TME also provides social entertainment services, including music live audio/video broadcasts and online concert services through the three platforms mentioned above, and online karaoke through an independent platform WeSing.

Founded: N/A Country:
China
China
Employees: N/A City: N/A
Market Cap: 19.5B IPO Year: 2018
Target Price: $11.59 AVG Volume (30 days): 8.6M
Analyst Decision: Strong Buy Number of Analysts: 14
Dividend Yield: N/A Dividend Payout Frequency: N/A
EPS: 0.52 EPS Growth: 27.21
52 Week Low/High: $5.70 - $12.00 Next Earning Date: 05-13-2024
Revenue: N/A Revenue Growth: N/A
Revenue Growth (this year): N/A Revenue Growth (next year): 11.98%

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