Tencent Music Entertainment Group - ADR

NYSE:TME  
26.96
+0.94 (+3.61%)
4:35:16 PM EDT: $27.30 +0.34 (+1.26%)
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Market Cap (Intraday)18.54B
Current PE4.63
Forward PE 67.4
2yr Forward PE 53.92
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Estimates Current Quarter
Revenue$1.27 Billion
Adjusted EPS$0.11
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10-Day MA$24.58
50-Day MA$19.15
200-Day MA$15.31
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Tencent Music Entertainment Group Stock, NYSE:TME

17/F, MALATA BUILDING, KEJIZHONGYI ROAD, MIDWEST DISTRICT OF HI-TECH PARK, NANSHAN DISTRICT, SHENZHEN, CHINA 518057
Cayman Islands
Phone: 86 755 86013388
Number of Employees:

Description

Tencent Music Entertainment Group operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People's Republic of China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover and listen to music in personalized ways; and WeSing, which enables users to have fun by singing and interacting with friends, sharing their singing performances with friends, and discovering songs that others have sung. The company also operates Kugou Live and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with those interested in their performance. In addition, it sells music-related merchandise, including Kugou M1 headsets, smart speakers, WeSing karaoke microphones, and Hi-Fi systems; and offers online music event ticketing services, as well as services to smart device and automobile makers to build and operate music services on devices and vehicles. The company was formerly known as China Music Corporation. The company was incorporated in 2012 and is headquartered in Shenzhen, China.