Tencent Music Entertainment Group (TME)
NYSE
TME price, last 12 months
Key stats
- Previous close
- $8.34
- Open
- $8.30
- Day range
- $8.26 – $8.41
- 52-week range
- $7.70 – $24.25
- Volume
- 7M
- Avg volume (20 days)
- 7.4M
- Market cap
- $13.7B
Performance
Technicals and fundamentals
About Tencent Music Entertainment Group
Tencent Music is the largest online music streaming platform in China, established in 2016 through the merger of QQ Music, Kuwo Music, and Kugou Music. Tencent, its largest shareholder, holds over 50% of the shares and more than 90% of the voting rights. Beyond streaming services, Tencent Music generates revenue through a diverse range of offerings, including podcasts, livestreaming, concerts, and karaoke.
- Listed on
- NYSE
- Market cap
- $13.7B