Stock Events

Tencent Music Entertainment 

$14.92
212
+$0+0% Wednesday 15:28

Statistics

Day High
15
Day Low
14.43
52W High
9.28
52W Low
3.21
Volume
24,151.9
Avg. Volume
7,435
Mkt Cap
-
P/E Ratio
-
Dividend Yield
0.92%
Dividend
0.14

Upcoming

Dividends

0.92%Dividend Yield
10Y Growth
N/A
5Y Growth
N/A
3Y Growth
N/A
1Y Growth
N/A

Earnings

13MayConfirmed
Q3 2022
Q4 2022
Q1 2023
Q2 2023
Q3 2023
Q4 2023
Q1 2024
0.11
0.36
0.61
0.86
Expected EPS
0.14
Actual EPS
0.15

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Competitors

This list is an analysis based on recent market events. It's not an investment recommendation.
Spotify.
SPOT
Mkt Cap59.68B
Spotify operates a music streaming service similar to Tencent Music, offering a vast library of songs and podcasts to a global audience, directly competing for market share in the music streaming industry.
Apple
AAPL
Mkt Cap3.23T
Apple Music, part of Apple Inc., is a direct competitor in the music streaming service sector, offering millions of songs, radio, and playlists, competing for similar user demographics and preferences.
Amazon
AMZN
Mkt Cap2.01T
Amazon Music, a subsidiary of Amazon.com, Inc., provides a music streaming service that competes with Tencent Music by offering a wide range of music and podcast content to its Prime members and standalone subscribers.
Alphabet
GOOGL
Mkt Cap2.3T
YouTube Music, operated by Alphabet Inc., competes in the music streaming space by offering a platform for music videos and songs, directly targeting the same user base as Tencent Music with its extensive video and music library.
Sirius XM
SIRI
Mkt Cap10.89B
Sirius XM, a satellite and online radio broadcaster, competes with Tencent Music by providing a wide range of music, sports, news, and entertainment channels to subscribers, targeting a similar audience looking for diverse audio content.
Warner Music
WMG
Mkt Cap4.34B
Warner Music Group is a major global music company whose labels compete with Tencent Music by producing and distributing music content, potentially vying for the same artists and listeners.
AT&T
T
Mkt Cap136.25B
AT&T, through its WarnerMedia division, previously owned assets that competed in the digital content space, including music and entertainment, potentially overlapping with Tencent Music's target audience and content offerings.

About

Tencent Music Entertainment Group operates online music entertainment platforms to provide music streaming, online karaoke, and live streaming services in the People's Republic of China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover and listen to music in personalized ways; and WeSing, which enables users to have fun by singing and interacting with friends, sharing their singing performances with friends, and discovering songs that others have sung. The company also operates Kugou Music, Kuwo Music, WeSing, QQ Music, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with those interested in their performance; and Kuwo Changting, an audio platform that offers users various audio content, including audio books, cross-talks, radio dramas, and other entertainment. In addition, it sells music-related merchandise, including Kugou headsets, smart speakers, WeSing karaoke microphones, and Hi-Fi systems; and offers online music event ticketing services, as well as services to smart device and automobile makers to build and operate music services on devices and vehicles. Tencent Music Entertainment Group has a strategic partnership with China Literature. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.
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CEO
Mr. Kar Shun Pang
Employees
5966
Country
CN
ISIN
US88034P1093
WKN
000A2N7WQ

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