Tencent Music Statistics, User Counts, Facts & News (2022)
Last Updated on: April 4th, 2022
Here are a few of the most interesting Tencent Music statistics and facts I was able to dig up including user counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
Tencent Music Facts
- Tencent Music Website: Official Website
- Year Tencent Music was Founded: 2016
- Tencent Music Headquarters: Shenzhen
- Current Tencent Music Chief Executive: Zhu Liang
- Tencent Music Parent Company: Tencent
- Tencent Music Subsidiaries / Brands: KuGou, QQ Music, Kuwo, WeSing
What is Tencent Music?
Tencent Music Entertainment Group (NYSE: TME) is the leading online music and audio entertainment platform in China, operating the country’s highly popular and innovative music apps: QQ Music, Kugou Music, Kuwo Music and WeSing. TME’s mission is to use technology to elevate the role of music in people’s lives by enabling them to create, enjoy, share and interact with music. TME’s platform comprises online music, online audio, online karaoke, music-centric live streaming and online concert services, enabling music fans to discover, listen, sing, watch, perform and socialize around music. For more information, please visit ir.tencentmusic.com. (source)
Tencent Music User Count
How many people use Tencent Music?
636 mobile monthly active users
Last updated 11/8/21
Number of paying Tencent Music subscribers:
Last updated 11/8/21
Tencent Music Revenue Totals
Tencent Music revenue (annual)
- 2020: RMB19,851 million
- 2019: RMB16,761 million
- 2018: RMB11,708 million
- 2017: RMB10,981 million
- 2016: RMB4,361 million
Additional Tencent Music Statistics
Number of songs Tencent Music has in its library:
1/1/21
Tencent Music’s share of the Chinese music streaming market:
Last updated 8/27/18
Number of Kogou users:
Last updated 8/27/18
Number of Kuwo users:
Last updated 8/27/18
Average amount of time users spend on Tencent Music properties:
Last updated 10/2/18
Percentage of China Music Corp that Tencent now owns:
Recent Tencent Music News
- Tencent Music now has 76.2m paying online music users, 04/23/2022
- Tencent Music’s 2021 Q4 total revenue falls by 8.7%, 04/23/2022
- Tencent Music Entertainment Group Filed 2021 Annual Report on Form 20-F, 04/28/2022
- Tencent Music beats expectations as paying users see a boost, 05/16/2022
- Tencent Musician Program Posted 51% Surge to Record 300,000 Indie Musicians in 2021, 12/28/2021
- Tencent Musician Program Posted 51% Surge to Record 300,000 Indie Musicians in 2021, 01/01/2022
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Please note that some of these numbers are easier to find than others. A few of these Tencent Music stats come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.
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