Communication Aug 13, 2020 07:58 PM (GMT+8) · EqualOcean
According to Tencent's second-quarter earnings released, Tencent Music Entertainment reported a 17.5% revenue increase to $981 million from last year which performed better than Spotify's 13.2% growth for the same periods. From the perspective of Billboard, Wall Street has always thought highly of Tencent Music whose stock price is up 33.6% this year from August 10. That Tencent Music can make such amazing progress is based on the exploration of multiple business channels which has created more space for the imagination of the music industry.
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