Tencent Music Completed Investment in Radio Music, a Leading Music-for-business Provider in China
Tencent Music Entertainment Group American Depositary Shares, each representing two Class A Ordinary Shares (TME)
Last tencent music entertainment group american depositary shares, each representing two class a ordinary shares earnings: 3/16 04:15 pm
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Source: PR Newswire
SHENZHEN, China, April 27, 2020 /PRNewswire/ -- Tencent Music Entertainment (TME) (NYSE: TME) announced it has completed an equity investment in Radio Music Warehouse, a leading music company that provides music streaming solutions to business use in China, on April 27. TME has also obtained a right to further increase its shareholdings to controlling stake in the company. Upon completion of the transaction, TME will provide Radio Music with access to a rich and diversified music library to meet the personalized demands of its customers. At the same time, TME will promote and distribute its high quality music content, via the hundreds of thousand offline spots in China that is using Radio Music's in-store music solutions.Through business investments and other methods, TME is contributing to the recovery of normal business operations in China from the COVID-19 pandemic."Radio Music has a professional music-for-business service system and comprehensive offline coverage resources. Throug
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News
- Tencent Music Entertainment Group (TME): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- Tencent Music Entertainment Group (NYSE:TME) was downgraded by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from a "buy (b-)" rating to a "hold (c+)" rating.MarketBeat
- How Investors Are Reacting To Tencent Music (TME) Surging Online Revenue and Analyst Upgrades [Yahoo! Finance]Yahoo! Finance
- How Recent Developments Are Shaping the Story for Tencent Music Entertainment Group's Valuation [Yahoo! Finance]Yahoo! Finance
- Tencent Music (NYSE:TME): Assessing Valuation After Recent Share Price Volatility [Yahoo! Finance]Yahoo! Finance
TME
Earnings
- 11/12/25 - Beat
TME
Sec Filings
- 11/12/25 - Form 6-K
- 10/14/25 - Form 6-K
- 9/23/25 - Form 6-K
- TME's page on the SEC website