Company Profile - Tencent Music Entertainment Group

Introduction

Tencent Music Entertainment Group (Tencent), a subsidiary of Tencent Holdings Ltd, is an online music entertainment platform. The company carries out the sale of digital music singles and also albums, online advertising and content sublicensing. It provides a range of features for music discovery, including music ranking charts, playlists, music search and recommendations, official music accounts and digital releases. The company also offers music-related video content such as music videos, live performances and short videos. It operates several music apps in such as QQ Music, Kugou Music, Kuwo Music, Ultimate Music and WeSing Music. Its music-centric live streaming services include Kugou Live and Kuwo Live which enable users and performers to showcase their talent. Tencent is headquartered in Shenzhen City, Guangdong Province, China.

Company info

Country (HQ): China
Sector: Media
Market Cap (US$ m): 14,261
Revenue (US$ m): 4,212 (2022)

Innovation ranking

516

Innovation score

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