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Tencent Music Entertainment Group ADR Class A Stock News
I'm bullish on Tencent Music, considering both external and internal growth engines. Non-subscriber revenues surged 47% YoY, driven by collectibles, ads, live shows, and new ad-based memberships, with significant cross-selling potential. Strategic investments, like the SM Entertainment stake and Ximalaya acquisition, position TME for exclusive content and expanded audio offerings, respectively.
If you thought Spotify Technology NYSE: SPOT was the best-performing music streaming stock of 2025, think again. Spotify's performance has been impressive, with the stock up nearly 54% year-to-date.
Investors were happy to crank Tencent Music (TME 11.78%) on Tuesday. Following the release of encouraging quarterly results by the China-based company, they sent its U.S.-traded American Depositary Shares nearly 12% higher in price on the day.
Tencent Music Entertainment Group (NYSE:TME ) Q2 2025 Earnings Conference Call August 12, 2025 7:00 AM ET Company Participants Kar Shun Pang - Executive Chairman Millicent T. - Head of IR Min Hu - CFO & Director Zhu Liang - CEO & Director Conference Call Participants Alex C.
Tencent Music Entertainment , surpassed second-quarter revenue expectations on Tuesday, driven by stronger subscriber growth and rising engagement with long-form audio content such as podcasts and audiobooks.
SHENZHEN, China , Aug. 12, 2025 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced its unaudited financial results for the second quarter ended June 30, 2025. Second Quarter 202 5 Financial Highlights Total revenues were RMB8.44 billion (US$1.18 billion), rep...
SHENZHEN, China , July 15, 2025 /PRNewswire/ -- Tencent Music Entertainment Group ("TME", or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced that it will report its unaudited financial results for the second quarter of 2025 before the U.S. market opens on Tuesday, August 12, 2025. TME's management will host a Tencent...
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