The big Asian company posted its fourth-quarter and full-year 2024 earnings. For the former period, it notched a double beat on analyst projections. This was the final earnings release for Tencent ...
With a 9.7% stake, Tencent’s online music arm will become the second-largest shareholder of SM Entertainment, known for major K-pop acts such as Aespa and NCT. Tencent Music Entertainment Group, ...
Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox. Sign up Tencent Music Entertainment Group on August 12 ...
Tencent Music Entertainment Group – ADR (NYSE:TME) shares are trading lower on Tuesday. In an SEC filing, the company revealed a major strategic move: the planned acquisition of Ximalaya Inc., a ...
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Tencent Music’s Super-Premium ‘SVIP’ Tier Is Going Gangbusters — Chinese Conglomerate Grabs a Bigger Stake In UMG
Tencent Music (NYSE: TME) has revealed continued subscriber and profit boosts for Q1 2025, which also delivered licensing renewals with Sony Music and others. The QQ, Kugou, Kuwo, and WeSing operator ...
June 10 (Reuters) - China's Tencent Music Entertainment Group (1698.HK), opens new tab said on Tuesday it would buy domestic long-form audio platform Ximalaya (XIMA.N), opens new tab for about $2.4 ...
Tencent Music Entertainment Group, China’s leading digital audio platform, reported strong first-quarter results for 2025, with total revenue rising 8.7% year-over-year to $1.01 billion. Growth was ...
Tencent Music is refocusing on its core music streaming business, moving away from its "legacy" social entertainment segment. Management is also becoming more aware and active in unlocking the value ...
In today's increasingly video-dominated media world, predictions of the death of audio formats like podcasts and audio novels may be slightly premature. Tencent Music Entertainment Group (TME.US; 1698 ...
The latest announcement is out from Tencent Music Entertainment Group Class A ( (HK:1698)). Tencent Music Entertainment Group announced a strong financial performance for the third quarter of 2025, ...
A Tencent Holdings Ltd. subsidiary is snapping up a nearly 10% stake in SM Entertainment Co. Ltd. valued at about $180 million, marking a rare Chinese investment into a South Korean company in recent ...
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