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

• Website: www.tencent.com
• Year Launched: 2016
• Owner: Tencent

Tencent Music Statistics

How many people use Tencent Music?

800 million users

Last updated 12/3/18

Number of paying Tencent Music subscribers:

120 million

Last updated 9/26/18

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

78%

Last updated 8/27/18

Number of Kugou 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 2017:

$1.7 billion

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