Last Updated on: September 2nd, 2022
Here is pretty much everything you ever wanted to know about Tencent Music.
Tencent Music Entertainment Group (NYSE: TME) is the leading online music entertainment platform in China, operating four highly popular and innovative music apps in China: 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 karaoke, and music-centric live streaming services, enabling music fans to discover, listen, sing, watch, perform and socialize around music. (source)
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 (annual)
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:
Please note that some of these numbers are easier to find than others. A few of these Tencent Music statistics 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%.