Tencent Music Hits High Note With Strong Q4 Results, Boosts Shareholder Returns

Tencent Music Entertainment Group (TME), China’s dominant music streaming platform, announced robust fourth-quarter 2024 financial results on Tuesday, marked by substantial growth in its music subscription business and expanded profit margins. The company, which operates popular apps including QQ Music, Kugou Music, and WeSing, reported total revenues of RMB7.46 billion ($1.02 billion) for Q4, representing […]