Tencent Music Entertainment Group (NYSE:TME) is among the 13 Best Booming Stocks to Buy Now. The stock has had impressive ...

Tencent Music's overall revenue, however, fell 13.8% from the same quarter of last year, showing that stiff competition and an economic slowdown sparked by Beijing's zero-COVID policy were ...

Tencent Music has announced plans to acquire Ximalaya, China's largest online audio and podcast platform, which holds a 25% market share. The transaction, to be funded through cash and equity ...

Tencent Music Entertainment Group has agreed to buy Chinese podcasting startup Ximalaya Inc. for $1.3 billion in cash plus an issuance of stock, a deal that propels its ambition to become China ...

Investors in Tencent Music Entertainment Group (NYSE:TME) had a good week, as its shares rose 8.7% to close at US$13.36 following the release of its annual results. The result was positive overall ...

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.

On the bottom line, Tencent Music's profit in accordance with IFRS standards grew to nearly 2.08 billion yuan ($287 million) from the year-ago result of 1.41 billion yuan ($195 million).

Tencent has invested $1.25 billion in a new Ubisoft operating division that includes the core games Assassin’s Creed, Far Cry and Tom Clancy’s Rainbow Six brands.

Tencent Music's Revenue Beats View As More Chinese Users Pay For Songs. By Josh Ye and Tiyashi Datta Published 08/15/22 AT 11:54 PM EDT.