Why Tencent Music Entertainment Stock Was Up This Week

Tencent Music reported better-than-expected earnings results this week. China's leading music service provider is benefiting from broad demand for music streaming.

Tencent Music sees its subscriber base jump 20% to almost 100m

Tencent Music Entertainment (TME), China's Spotify, has announced a significant surge in both subscribers and revenue. The Shenzhen-based firm, which owns platforms such as QQ Music, Kugo, and Kuwo...

China's Tencent Music quarterly revenue rises 5.5%

China's Tencent Music Entertainment Group , said on Tuesday second-quarter revenue rose 5.5% from a year ago, driven by growth in paying users on its Spotify-like music streaming platform and a rec...

Tencent Music hopes to flex further subscriber growth with 2Q results Tuesday

Tencent Music Entertainment Group Inc is scheduled to report earnings Tuesday before the bell.  The biggest online music platform in China is expected to post second-quarter revenue of $1.01 billio...


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