On August 24, NetEase’s Cloud Music released its financial results for the first half of 2023, showing that the company’s revenue was RMB 3.91 billion ($537 million) in this period, an 8.2% ...
The "Spotify of China" Just Got a Whole Lot Cheaper Tencent Music Entertainment Group (NYSE:TME) reported steady first-quarter 2026 results as management highlighted growth in music-related services, ...
Tencent Music Entertainment Group reported 2025 revenue of RMB 32.9 billion ($4.71 billion), up 15.8% year-on-year, while net profit attributable to equity holders rose 66.4% to RMB 11.06 billion ...
Q1 2026 Management view "Despite an increasingly competitive landscape, in the music streaming industry, we delivered a steady performance overall this quarter." (Executive Chairman Kar Shun Pang) ...