Tencent Music Entertainment Group (HKG: 1698)
Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
44.80
+1.50 (3.46%)
Nov 21, 2024, 2:18 PM HKT

Tencent Music Entertainment Group Company Description

Tencent Music Entertainment Group operates online music entertainment platforms to provide music streaming, online karaoke, and live streaming services in the People’s Republic of China.

It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover music in personalized ways; long-form audio content, including audiobooks, podcasts and talk shows, as well as music-oriented video content comprising music videos, live performances, and short videos; and WeSing, which enables users to sing along from its library of karaoke songs and share their performances in audio or video formats with friends.

The company also delivers music-centric live streaming services primarily through the Live Streaming tab on QQ Music, Kugou Music, Kuwo Music, WeSing, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with a diverse audience base; and Lazy Audio, an audio platform.

In addition, it sells music-related merchandise; and artist-related merchandise, such as branded apparel, posters and art prints, and accessories and integrated and technology-driven music solutions that help IoT device manufacturers build and operate their branded music services on their IoT devices, as well as offers advertising services across its online karaoke platform and online music apps.

The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.

Tencent Music Entertainment Group
Country Cayman Islands
Industry Internet Content & Information
Sector Communication Services
Employees 5,185
CEO Zhu Liang

Contact Details

Address:
Building D
Shenzhen, 518057
China
Phone 86 75 5860 13388
Website tencentmusic.com

Stock Details

Ticker Symbol 1698
Exchange Hong Kong Stock Exchange
Fiscal Year January - December
Reporting Currency CNY
ISIN Number KYG875771134
SIC Code 7370

Key Executives

Name Position
Zhu Liang Chief Executive Officer and Director
Kar Shun Pang Executive Chairman
Min Hu Chief Financial Officer and Director
Millicent T. Head of IR
Tsai Chun Pan Group Vice President and Head of Content Cooperation Business