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Tencent Music News

Tencent Music Hits $1 Billion Revenue in Q1 2025, Marking an 8.7% Yearly Surge

Olivia Carter 13 May, 2025

Tencent Music Entertainment Group achieved $1 billion in revenue in Q1 2025, an 8.7% yearly increase, with net income skyrocketing by 201.8% and paying users growing to 122.9 milli...

Business

Tencent Music Hits $1B in Q4 Revenue: A 8.2% Surge Amidst Digital Boom

James Carter 18 Mar, 2025

Tencent Music Entertainment Group announced an 8.2% increase in Q4 2024 revenues to 7.46 billion yuan ($1B), with profits and EPS soaring by 50%. The company also reported a 2% ann...