Tencent Music Entertainment Group (TME)
About Tencent Music Entertainment Group
Tencent Music is the largest online music streaming platform in China, established in 2016 through the merger of QQ Music, Kuwo Music, and Kugou Music. Tencent, its largest shareholder, holds over 50% of the shares and more than 90% of the voting rights. Beyond streaming services, Tencent Music generates revenue through a diverse range of offerings, including podcasts, livestreaming, concerts, and karaoke.
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Financial summary
- Market cap
- $14.5B
15-minute delayed · data by Polygon.io
Past year · hover for prices
52-week range
- Market cap
- $14.5B
- Dividend yield
- 2.6%
- Shares outstanding
- 1.6B
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Dec 12, 2018
Tencent Music Entertainment Group (TME) Stock Price
- Trading 61% below its 52-week high.
- Pays a dividend yielding about 2.6% annually.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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Tencent Music Entertainment Group: frequently asked questions
Is Tencent Music Entertainment Group an American company?
No — Tencent Music Entertainment Group is not an American company. Tencent Music Entertainment Group is incorporated in the Cayman Islands. It maintains US operations and its shares trade on NYSE — which is why it is often mistaken for a US company.
Where is Tencent Music Entertainment Group incorporated?
Tencent Music Entertainment Group is legally incorporated in the Cayman Islands, according to its GLEIF legal-entity record.
Is Tencent Music Entertainment Group traded on a US stock exchange?
Yes — Tencent Music Entertainment Group trades under the ticker TME on the NYSE. A US stock listing does not by itself make a company American — incorporation and ownership are what this page reports.
Is Tencent Music Entertainment Group publicly traded?
Yes — Tencent Music Entertainment Group is a publicly traded company. Its stock trades under the ticker symbol TME on the NYSE.
What does Tencent Music Entertainment Group do?
Tencent Music Entertainment Group is an American Telecom company in the Technology & Electronics sector.
