Tencent Music Statistics and User Count for 2024
Last Updated on: January 6th, 2024
Here are a few of the most interesting Tencent Music statistics and facts I was able to dig up including restaurant count, revenue totals and employee 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.
Critical sections of this article:
Tencent Music Facts
Here is pretty much everything you ever wanted to know about Tencent Music.
- 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 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
Tencent Music User Count
How many people use Tencent Music?
592 mobile monthly active users (2023)
Number of paying Tencent Music subscribers:
94.4 million paying users (2023)
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
Additional Statistics
Number of songs Tencent Music has in its library:
Tencent Music’s share of the Chinese music streaming market:
Number of Kogou users:
Number of Kuwo users:
Average amount of time users spend on Tencent Music properties:
Please note that some of these numbers are easier to find than others. A few of these 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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