Tencent Music Entertainment Group
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
- $14.9B
- Market cap
- $14.9B
- Dividend yield
- 2.65%
- Shares outstanding
- 1.6B
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Dec 12, 2018
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Trading 66% below its 52-week high.
- Pays a dividend yielding about 2.65% 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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