Tencent Music
TME
#1013
Rank
$19.29 B
Marketcap
$11.78
Share price
4.25%
Change (1 day)
34.63%
Change (1 year)
Categories
Tencent Music Entertainment Group (TME) is joint venture between Tencent and Spotify. The company provides music streaming services for the Chinese market.

Revenue for Tencent Music (TME)

Revenue in 2024 (TTM): $3.81 Billion USD

According to Tencent Music's latest financial reports the company's current revenue (TTM ) is $3.81 Billion USD. In 2023 the company made a revenue of $3.91 Billion USD a decrease over the revenue in the year 2022 that were of $4.18 Billion USD. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.

Revenue history for Tencent Music from 2018 to 2024

Annual revenue

Year Revenue Change
2024 (TTM) $3.81 B-2.59%
2023 $3.91 B-6.49%
2022 $4.18 B-13.29%
2021 $4.82 B13.44%
2020 $4.25 B15.96%
2019 $3.67 B29.13%
2018 $2.84 B

Revenue for similar companies or competitors

Company Revenue Revenue differencediff. Country
$0.60 B-84.20%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel