Tencent Music Entertainment Group (TME) is a premier operator of online music entertainment platforms across the People's Republic of China, offering a range of services including music streaming, digital karaoke, and live interactive broadcasting. Its offerings encompass popular streaming platforms like QQ Music, Kugou Music, and Kuwo Music, which facilitate personalized music discovery and listening for users. The company also developed WeSing, an engaging application that allows users to sing, socialize with friends, share their performances, and explore songs sung by others. Furthermore, TME runs interactive live broadcasting platforms, notably Kugou Live and Kuwo Live, providing an online venue for performers to exhibit their talents and interact with their audience. Kuwo Changting acts as a specialized audio content platform, featuring diverse spoken word entertainment such as audiobooks, traditional cross-talk, and radio dramas. Beyond its digital services, TME sells music-related hardware, including Kugou headsets, smart speakers, WeSing karaoke microphones, and Hi-Fi audio systems. It also handles online ticketing for music events and partners with manufacturers of smart devices and automobiles to embed and manage music services within their products and vehicles. Tencent Music Entertainment Group maintains a strategic partnership with China Literature. Headquartered in Shenzhen, China, the company functions as a subsidiary of Tencent Holdings Limited.
CEO: Zhu Liang. Company website
Tencent Music Entertainment Group (TME) trades at $7.76, down 0.13% on the day, as of Sep 20, 2026 13:41 UTC.
Tencent Music Entertainment Group has a market capitalisation of $11.93B, calculated from the live TME share price and shares outstanding.
TME trades at a trailing P/E of 1.41, from earnings per share of $5.50 over the last twelve months.
Tencent Music Entertainment Group generated revenue of $32.99B over the trailing twelve months, which puts the stock at 0.36 times sales.
Yes. Tencent Music Entertainment Group pays a dividend yielding 1.11% on the current share price.
TME has traded between $7.70 and $26.70 over the past 52 weeks, and the last price is 70.9% below that high.
Yes. Tencent Music Entertainment Group keeps 26.28% of revenue as net income over the trailing twelve months.
Wall Street analysts rate TME Hold, with an average price target of $14.68, 89.2% above the current price.
Tencent Music Entertainment Group is classified under the Communication Services sector and the Internet Content & Information industry, and is domiciled in CN.
Zhu Liang is the chief executive of Tencent Music Entertainment Group, which employs 5,690 people.
QFI Terminal shows TME with live charts, full financials, the options chain with gamma exposure, institutional ownership and analyst ratings on one screen. The free plan has no time limit and asks for no card.
Interactive charts, full financials, options chain, gamma exposure, ownership and analyst ratings, all in one institutional-grade terminal.
Open TME in Terminal See plans