Here are a few of the most interesting Tencent Music statistics I was able to dig up. 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: www.tencent.com
• Year Tencent Music Launched: 2016
• Tencent Music Owner: Tencent

Tencent Music Competitors:

YouTube, Pandora, iHeartRadio, Tidal, Amazon Prime Music, Saavn, Apple Music, Spotify

Tencent Music Statistics

How many people use Tencent Music?

800 million users

Last updated 12/3/18

Number of paying Tencent Music subscribers:

35.4 million

Last updated 11/13/19

Number of songs Tencent Music has in its library:

30 million

1/1/19

Tencent Music’s share of the Chinese music streaming market:

78%

Last updated 8/27/18

Number of Kogou users:

227 million

Last updated 8/27/18

Number of Kuwo users:

111 million

Last updated 8/27/18

Average amount of time users spend on Tencent Music properties:

70 minutes per day

Last updated 10/2/18

Tencent Music revenue (annual)

• 2018:  RMB11,708 million
• 2017: RMB10,981 million
• 2016: RMB4,361 million

Tencent Music revenue for first half of 2018:

$1.3 billion

Percentage of China Music Corp that Tencent now owns:

60%

Last updated 7/14/16