Tencent Music Entertainment Group

NYSE TME

Tencent Music Entertainment Group Cash and Short-Term Investments for the year ending December 31, 2023: USD 3.32 B

Tencent Music Entertainment Group Cash and Short-Term Investments is USD 3.32 B for the year ending December 31, 2023, a 9.57% change year over year. Cash and short-term investments are the sum of cash and short-term investments, representing the company's liquid assets.
  • Tencent Music Entertainment Group Cash and Short-Term Investments for the year ending December 31, 2022 was USD 3.03 B, a -5.86% change year over year.
  • Tencent Music Entertainment Group Cash and Short-Term Investments for the year ending December 31, 2021 was USD 3.21 B, a -19.37% change year over year.
  • Tencent Music Entertainment Group Cash and Short-Term Investments for the year ending December 31, 2020 was USD 3.99 B, a 23.55% change year over year.
  • Tencent Music Entertainment Group Cash and Short-Term Investments for the year ending December 31, 2019 was USD 3.23 B, a 27.27% change year over year.
Key data
Date Cash and Short-Term Investments Receivables Inventory Goodwill
Market news
Loading...
SV Wall Street
NYSE: TME

Tencent Music Entertainment Group

Description

Tencent Music Entertainment Group operates online music entertainment platforms to provide 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 Music, Kuwo Music, WeSing, QQ Music, 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; and Kuwo Changting, an audio platform that offers users various audio content, including audio books, cross-talks, radio dramas, and other entertainment. In addition, it sells music-related merchandise, including Kugou 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 China Literature. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.

Similar companies

SNAP

Snap Inc.

USD 10.69

0.56%

YELP

Yelp Inc.

USD 39.51

-0.78%

SPOT

Spotify Technology S.A.

USD 548.55

-0.29%

PINS

Pinterest, Inc.

USD 33.59

0.87%

DOYU

DouYu International Holdings Limited

USD 15.68

-2.79%

TWLO

Twilio Inc.

USD 147.43

0.22%

YY

JOYY Inc.

USD 43.35

-4.18%

StockViz Staff

February 7, 2025

Any question? Send us an email