Tencent Music Statistics and User Count (2023)

Tencent Music Entertainment Group is a leading music streaming and entertainment platform in China. It was established in 2016 as a subsidiary of Tencent Holdings, one of China’s largest internet and technology companies. Tencent Music operates several popular music streaming and social media apps in China, including QQ Music, Kugou, and Kuwo. These apps offer a wide range of music, from traditional Chinese folk music to the latest international hits, and provide users with a convenient and engaging platform for discovering, listening to, and sharing music.

In addition to its music streaming services, Tencent Music also operates a number of other entertainment-related businesses, such as online karaoke and live streaming, and has partnerships with many of the world’s leading music labels and artists. The company has a large and growing user base, with millions of active users across its various platforms.

Tencent Music is a publicly traded company, and its shares are listed on the New York Stock Exchange. The company has received recognition for its innovative business model and its role in transforming the music industry in China.

Tencent Music Statistics

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 User Count

How many people use Tencent Music?

592 mobile monthly active users

Last updated 5/16/23

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Number of paying Tencent Music subscribers:

94.4 million paying users

Last updated 5/16/23

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Tencent Music Revenue Totals

Tencent Music revenue (annual)

• 2021: RMB31.244 million
• 2020: RMB29.153 million
• 2019: RMB25.434 million
• 2018: RMB11,708 million
• 2017: RMB10,981 million
• 2016: RMB4,361 million

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Additional Statistics

Number of songs Tencent Music has in its library:

60 million tracks

Last updated 1/1/21

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

78%

Last updated 8/27/18

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Number of Kogou users:

227 million

Last updated 8/27/18

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Number of Kuwo users:

111 million

Last updated 8/27/18

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Average amount of time users spend on Tencent Music properties:

70 minutes per day

Last updated 10/2/18

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