Tencent Music Statistics and Facts (2023)

Tencent Music Statistics 2023

Last Updated on: January 8th, 2023


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 Statistics and Facts 2022Tencent 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)

Tencent Music Facts

  • Website: Official Website
  • Year Founded: 2016
  • Headquarters: Shenzhen, China
  • Current Chief Executive: Zhu Liang
  • Parent Company: Tencent
  • Subsidiaries / Brands: KuGou, QQ Music, Kuwo, WeSing

Tencent Music Statistics

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:

71.2 million paying users

Last updated 11/8/21

Tencent Music Revenue Totals

Tencent Music revenue (annual)

 

Additional Tencent Music Statistics

Number of songs Tencent Music has in its library:

60 million tracks

1/1/21

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

Percentage of China Music Corp that Tencent now owns:

60%

Last updated 7/14/16 

Other Companies and Topics to Check Out:

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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%.


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About Craig Smith

DMR Publisher. Director of Marketing by day and I run this little site at night. Other interests include Disney, Sports, 80's Nostalgia, LEGO, Star Wars and Tech Gadgets. Other sites include DisneyNews.us and VideoGamesStats.com.