TME Tencent Music Entertainment Group ADRs

Tencent Music Entertainment Group operates an online music entertainment platform that provides online music and music-centric social entertainment services in China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover and listen to music in personalized ways; and WeSing, which enables users to have fun by singing and interacting with friends, sharing their singing performances with friends, and discovering songs that others have sung. The company also operates Kugou Live and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with those interested in their performance. In addition, it sells music-related merchandise, including Kugou M1 headsets, smart speakers, WeSing karaoke microphones, and Hi-Fi systems; and offers online music event ticketing services, as well as services to smart device and automobile makers to build and operate music services on devices and vehicles. The company was formerly known as China Music Corporation. The company was incorporated in 2012 and is based in Shenzhen, Chiane. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited. This is an ADR of a company that does not have its stock publicly traded anywhere else in the world.

$26.93  +1.21 (4.71%)
As of 03/01/2021 16:00:07 EST     IEX book   CBOE book


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US Equity
ADRs
Large cap
Communication Services
Internet Content & Information
China

12/12/2018
670,667,662
15,132,533
$43,146,232,504
0.00%
SEC Edgar Online
20-F
88034P109
US88034P1093
BFZYWR2

Valuation   (See tab for details)
PE ratio:
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Return on equity:
Net income %:
79.38
7.74
1.53
8.11%
14.23%

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