TME (TME US) – Making progress into scale optimization
TME online music business operating efficiency continues to improve progressively amid economic recovery. It is on track for strong earnings...
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TME (TME US) – Strong earnings beat on improvement in GPM and operating efficiency
Total revenue declined by 5.6% YoY but grew by 6.7% QoQ to RMB7.4bn in 3Q22, largely inline with consensus/CMBI estimate of RMB7.1/7.1bn.
410 Views
TME (TME US) – Resilience in the evolving industry
TME will continue to focus on improving operating efficiency in 2H22 to combat macro uncertainty and intensifying competition in social...
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Tencent Music Entertainment Group – Back in the Groove with an Unjustified Valuation Multiple
The proposed IPO of Tencent Music Entertainment (TME US) although highly anticipated is no slam dunk for investors. China's online social...
858 Views
Tencent Music:We Estimate Value at USD 3.77 Per Share; Lower Than Many Expect - $11.7 B for TME
In ANTYA’s view, TME is another IPO where investors need to pay attention to the valuation because like the online lending boom in China which...
926 Views