Tencent Music Entertainment Group

NYSE TME

Tencent Music Entertainment Group Market Capitalization on January 14, 2025: USD 18.17 B

Tencent Music Entertainment Group Market Capitalization is USD 18.17 B on January 14, 2025, a 20.78% change year over year. Market capitalization represents total company value in stock market; higher suggests larger, more established company.
  • Tencent Music Entertainment Group 52-week high Market Capitalization is USD 25.13 B on May 16, 2024, which is 38.28% above the current Market Capitalization.
  • Tencent Music Entertainment Group 52-week low Market Capitalization is USD 14.06 B on January 22, 2024, which is -22.63% below the current Market Capitalization.
  • Tencent Music Entertainment Group average Market Capitalization for the last 52 weeks is USD 19.66 B.
Key data
Date Market Capitalization Share Price Price to Earnings Ratio (P/E) Price to Sales Ratio (P/S)
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NYSE: TME

Tencent Music Entertainment Group

CEO Mr. Zhu Liang
IPO Date Dec. 12, 2018
Location China
Headquarters Building D
Employees 5,185
Sector Communication Services
Industries
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.

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StockViz Staff

January 15, 2025

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