Tencent Music Entertainment (TME) Group is the operator of music streaming and download services.
Tencent Music, founded in June, 2012 and headquartered in Shenzhen, is a digital music provider. Listed on the NYSE on December 12, 2018, the company's major shareholders are Guangzhou KuGou Computer Technology Co., Ltd.. Rivals that have direct and indirect competition with Tencent Music include NetEase Cloud Music, Ximalaya, Spotify, iTunes, etc.
ResearchConsumer Staples, Communication, Consumer Discretionary
WIA2020 | Next 50 in Global Tech: Consumer Technology
iQIYI's Records CNY 7.5 Billion in Revenues with Loses of CNY 1.5 Billion in 4Q 2020
According to data released in its unaudited financial report for the fourth quarter and the whole year of fiscal 2020, iQIYI's total revenue in the fourth quarter was CNY 7.5 billion, a year-on-year decrease of 1%; its net loss was CNY 1.5 billion, compared with CNY 2.5 billion in the same period last year.
Feb 19, 2021 12:35 PM