Tencent Music Entertainment Group logo TME - Tencent Music Entertainment Group

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| PRICE TARGET: $16.02 DETAILS
HIGH: $23.00
LOW: $10.70
MEDIAN: $15.20
CONSENSUS: $16.02
UPSIDE: 80.51%

About Tencent Music Entertainment Group (https://www.tencentmusic.com)

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.

Key Executives

NAME TITLE DOB SALARY
Brent Richard Irvin Corporate Vice President, General Counsel & Director 1973
Kar Shun Pang Executive Chairman 1974
Min Hu Chief Financial Officer & Director 1972
T. Millicent Head of IR
Zhu Liang Chief Executive Officer & Director 1976

Company Peers

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