18.028601 USD
0.2465
1.35%
Last update May 30, 4:29 PM BST
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Day range
17.99500
18.20000
Previous close
18.27510
Open
18.20000
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Tencent Music Entertainment Group
18.03
0.25
1.35%

Overview

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Description

Tencent Music Entertainment Group is a pivotal player in the music streaming and entertainment industry in China. As a subsidiary of the tech giant Tencent Holdings Limited, this company specializes in providing a wide array of digital music services. Its primary function is to operate music streaming platforms such as QQ Music, Kugou, and Kuwo, which collectively boast millions of users and offer extensive music libraries. Additionally, Tencent Music Entertainment Group has built a comprehensive online and offline music ecosystem by offering karaoke applications and live streaming services. This allows users to engage deeply with music through various interactive and social features. Serving not only individual consumers but also creators and artists, Tencent Music Entertainment Group plays a significant role in China's digital media landscape. With strategic investments and partnerships, it continuously enhances its technology and content offerings, positioning itself as a leader in the music streaming domain. The company's activities significantly impact both the local entertainment industry and the broader tech market.

About

CEO
Mr. Zhu Liang
Employees
5805
Address
Building D
Unit 3, 12th Floor Kexing Science Park Kejizhongsan Avenue,Hi-Tech Park, Nansha
Shenzhen, 518057
Phone
86 75 5860 13388
Instrument type
American depositary receipt
Sector
Communication Services
Industry
Internet Content & Information
Country
United Kingdom
MIC code
XLON
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