Tencent Music sings the blues under ByteDance assault
China’s leading online music site recorded its slowest growth in two years as it continued to lose market share to the Douyin parent Key Takeaways: Tencent Music’s revenue rose just…
K-pop returns to China, but asks Chinese fans ‘Will you still love me?’
K-pop superstars are once again staging blockbuster concerts in Macao, while online music platforms are testing the waters against an unspoken ban in China By Lee Shih Ta Strictly…
BRIEF: Tencent Music’s profit jumps 43% in second quarter
Online music platform Tencent Music Entertainment Group (TME.US; 1698.HK) saidon Tuesday that its revenue rose 17.9% year-on-year to 8.44 billion yuan ($1.17 billion) in the second quarter, while its net…
Tencent Music scales audio heights with Ximalaya purchase
While short videos are all the rage lately, Tencent Music’s latest acquisition bolsters its position in the strategically important market for long-form audio content Key Takeaways: Tencent Music will pay…
BRIEF: Tech stocks shine in Hang Seng Composite review, consumer and pharma lag
Hong Kong’s benchmark Hang Seng Index (HSI) remained unchanged at 83 constituents in the compiler’s latest adjustments, while the Hang Seng Composite Index’s (HSCI) constituents dropped from 517 to 505…
BRIEF: Tencent Music profit jumps on strong gains for music service
Tencent Music Entertainment Group (TME.US; 1698.HK) said Tuesday its revenue rose 6.8% year-on-year to 7.02 billion yuan ($1 billion) in the third quarter, while its non-GAAP adjusted net profit jumped…
FAST NEWS: Tencent Music’s profit climbs on paying user growth
The Latest: Tencent Music Entertainment Group (TME.US; 1698.HK) on Tuesday announced its second-quarter net profit rose 29.6% year-on-year to 1.68 billion yuan ($231 million). Looking Up: The company's profit rose even as its…
Recent Articles
Tencent Music sings the blues under ByteDance assault
TME.US
1698.HK
BRIEF: Tencent Music’s profit jumps 43% in second quarter
1698.HK
TME.US
Tencent Music scales audio heights with Ximalaya purchase
1698.HK
TME.US
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