Tencent Music (TME): 2Q25, Concert Revenue Booming, Margin Hitting Historical High
In 2Q25, non-subscriber music revenue surged by 47% YoY and total revenue grew by 18% YoY. The operating margin hit the historical high since TME’s...
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Tencent Music (TME): Quick Note – Acquisition of Ximalaya
TME proposed to acquire 100% shares of Ximalaya, a long audio app. TME has been exploring the long audio market since 2020. We believe Ximalaya has...
392 Views
TME (TME US) - Inline 1Q25 Results; Online Music Business Maintains Solid Momentum
TME reported 1Q25 results: total revenue was up by 9% YoY to RMB7.36bn, and non-IFRS net income increased by 25% YoY to RMB2.12bn, both largely in...
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Tencent Music (TME): 1Q25, Unnoticed Growth Continued, 80% Upside
The 1Q25 result is quite healthy, but the shrinking social entertainment covers the fact. The main businesses grew by two digits and the operating...
344 Views
Tencent Music Entertainment: Diversification of Music Consumption Scenarios to Reach Into Untapped User Segments!
Tencent Music Entertainment Group (TME) demonstrated robust financial performance in the fourth quarter and full year of 2024. The company...
222 Views