Tencent Music Entertainment Group (TME) is a publicly traded company in the Communication Services sector, operating within the Internet Content & Information industry. The company is headquartered in Shenzhen, China. The current CEO is Zhu Liang.
TME has IPO date of 2018-12-12, 5,353 full-time employees, listed on the NYSE, a market capitalization of $14.92B.
Tencent Music Entertainment Group is a leading online music entertainment platform operator in China, offering a comprehensive suite of services including music streaming through QQ Music, Kugou Music, and Kuwo Music, as well as interactive karaoke and live streaming through WeSing and related live platforms. The company provides users with personalized music discovery and social engagement features, while enabling performers to showcase talent and monetize their content through interactive performances. Beyond streaming, TME operates Kuwo Changting, an audio content platform featuring audiobooks, cross-talks, and radio dramas, and generates additional revenue through music merchandise sales, online ticketing services, and partnerships with smart device and automobile manufacturers to integrate music services into their products. Headquartered in Shenzhen, TME is a subsidiary of Tencent Holdings Limited and maintains a strategic partnership with China Literature.
