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Profile Summary. TENCENT MUSIC ENTERTAINMENT GROUP operates online music entertainment platform and music applications in China. The Company's platform comprises online music, online karaoke and music-centric live streaming services, supported by content offerings, technology and data. 16/12/2019 · Stock analysis for Tencent Holdings Ltd TCEHY:OTC US including stock price, stock chart, company news, key statistics, fundamentals and company profile. 12/12/2019 · Tencent Music Entertainment Group popped in its debut on the public markets Wednesday, closing the day up 9.2 percent at $14.19 per share. The music arm of Chinese tech giant Tencent said Tuesday it raised close to $1.1 billion after pricing its shares at $13 a piece, at the bottom of its stated range of $13 to $15. Tencent Music Entertainment Group NYSE: TME reported better-than-expected second-quarter results. The streaming platform added 2.6 million paid users, which is a record since Q1 2018. Tencent Music's stock has been volatile since its IPO last December with the price increasing about 8% this year. The share price dropped above 6% in the after.

12/12/2018 · Shares in Chinese streaming music giant Tencent Music Entertainment are up 7 percent to $13.90 in afternoon trading Thursday, their first day of trade The company's initial public offering of 82 million shares was priced at $13 a share and is expected to raise between $1.07 billion and $1.23 billion. 13/08/2019 · Shares in Tencent Music Entertainment TME tumbled more than 7% in after-hours trading on Monday after the streaming service posted its slowest growth since its New York Stock Exchange debut last December. Why it matters: TME, often dubbed China’s Spotify, is the country’s largest music. 13/05/2019 · Tencent Music Entertainment Group TME, -4.83% shares fell in the extended session Monday after the China-based online music platform topped Wall Street estimates on earnings but announced an executive shift. Tencent Music U.S. shares fell. Tencent Music Entertainment operates several of China's most popular music streaming and social karaoke sites, controlling the lion's share of the country's market. Its position is so dominant that a month ago reports surfaced that Tencent Music Entertainment was under investigation for.

28/04/2017 · Stock analysis for Tencent Holdings Ltd 700:Hong Kong including stock price, stock chart, company news, key statistics, fundamentals and company profile. In December 2017, Tencent's music arm, Tencent Music Entertainment TME and Spotify agreed to swap 10% stake and invested in each other's music businesses, forming an alliance in the music industry in which Martin Lau president of Tencent described it as a "strategic collaboration".

02/07/2019 · Tencent Music Entertainment [TME] has been named a stock to watch in a report released earlier this month. The company's share price is up 19% year-to-date and investors will be hoping for similarly optimsitc forecasts to push the stock to new highs. Goldman Sachs has.

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