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TME Tencent Music

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11.360
-0.220-1.90%

Close Apr 19 16:00 ET

11.250
-0.110-0.97%

Post 19:56 ET

19.49BMarket Cap26.42P/E (TTM)

Tencent Music Stock Forum

Sure 1 Pct Profit

Apr 5 17:53

Continually Move Up

$Tencent Music(TME.US)$

Feirre

Mar 20 01:58

Tencent Music (TME) Earnings Surpass Expectations with 4Q Revenue Beating Estimates and Strong Performance in Online Music Services

Tencent Music‘s 4Q revenue surpassed estimates, reaching 6.89 billion yuan instead of the estimated 6.7 billion yuan.
The operating income also exceeded expectations, coming in at 1.71 billion yuan against the predicted 1.46 billion yuan.
Mobile monthly active users for social entertainment were lower than expected at 104 million, instead of the estimated 125.6 mil...

Nuage Laboratoire9

Mar 19 04:10

$Tencent Music(TME.US)$

Tencent Music(TME) Pre-Mkt Price 10.550 +1.64%

Noah Johnson

Mar 18 22:07

ColumnsTencent Music Earnings Preview: Online Music Business Soars, Paid User Base Continues to Expand

On March 19 Eastern Time,$Tencent Music(TME.US)$ will release its fiscal report for 2023 and Q4 results. With high-profit returns and better-than-expected performance in the previous quarter, we anticipate that Tencent Music's Q4 performance could serve as a short-term catalyst for the market, with an overall decline in revenue showing signs of easing. As of March 18, 2024, the company's stock price s...

Moomoo AI

Feb 5 09:04

Analysts predict a decade-long growth for Tencent Music, driven by paying users and ARPPU. They foresee online music contributing over 70% of its 2024 revenue. Despite regulatory and competitive challenges, the worst is likely over. Long-term gross margin is expected to exceed Spotify's, trending towards 40%.

Tencent Music Gets Initiated With Outperform at CLSA on Growth in Music Subscriptions

CN Dishes Out Approval for 115 Domestic Online Games in Jan

Among the games approved in January was "Super NBA 2" (literal translation of "熱血美職籃") by $TENCENT(00700.HK)$ .
This is the second time that more than 100 games have been approved in a single month, compared with 105 in December last year.
$TENCENT(00700.HK)$$Tencent(TCEHY.US)$$China Concept Stocks(BK2517.US)$$Hang Seng TECH Index(800700.HK)$$NTES-S(09999.HK)$$BILIBILI-W(09626.HK)$$FEIYU(01022.HK)$$Tencent Music(TME.US)$

Feirre

Jan 15 20:27

GMV of Tencent Video E-commerce Livestreams Spikes 2x YoY

Mainland media The Paper reported that the GMV of e-commerce livestreams on Tencent Video in 2023 was nearly 3x of that in 2022. During the period, supply volume spiked by 3x, while order volume soared 2.44x.
$Tencent Music(TME.US)$$TME-SW(01698.HK)$$TENCENT(00700.HK)$$Tencent(TCEHY.US)$$Hang Seng TECH Index(800700.HK)$$China Concept Stocks(BK2517.US)$

Feirre

Jan 14 21:44

TENCENT Mulls 'Spring Bamboo Shoots Plan', Fostering Incubation of Games Specific to Vertical Mkts

Tencent Interactive Entertainment Group (Tencent IEG), a subsidiary of TENCENT, held an internal staff meeting recently, according to a report by China Business Network.
Management at the meeting focused on the increase in the number of game approval (banhao) and the close connection between games and short videos.
They also announced a self-research project called "Spring Bamboo Shoots Plan", pl...