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Tencent Music Entertainment Group offers Chinese online music streaming, karaoke, live performances, and audio content platforms, along with merchandise and integrated services for devices and vehicles.

Tencent Music's subscription service offers paying users premium access to its extensive licensed and self-produced music across QQ Music, Kugou, and Kuwo, fueling revenue growth and a shift toward a sustainable, high-margin business model.
| Icon | PRODUCT | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
![]() | Online Music Services | $12.48B | $17.32B ▲ | $21.74B ▲ | $26.73B ▲ |
![]() | Online Music Services To Associates | $276M | $397M ▲ | $365M ▼ | $501M ▲ |
![]() | Social Entertainment Services And Others To Associates | $71M | $55M ▼ | $43M ▼ | $75M ▲ |
Overall rating: A
| PEER | PRICE | |
|---|---|---|
NBIS | $209.18 | COMPARE |
LYV | $181.65 | COMPARE |
VOD | $16.04 | COMPARE |
CHT | $42.99 | COMPARE |
BIDU | $97.12 | COMPARE |
RDDT | $152.92 | COMPARE |
CHTR | $153.62 | COMPARE |
PINS | $23.20 | COMPARE |