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Stock impact report

SM Entertainment Details Mutual Benefits Of Partnership With Tencent Music Entertainment: Exclusive [Forbes]

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 Check Earnings Report
Company Research Source: Forbes
SM Entertainment Details Mutual Benefits Of Partnership With Tencent Music Entertainment: Exclusive A shot of the group WayV. Label V As SM Entertainment rides the Hallyu WayV into the Chinese market, the K-pop giant announced a partnership with one of the region’s biggest players: Tencent Music Entertainment. Forbes To recap, the companies announced on Jan. 30 that they entered into a strategic partnership for music distribution and marketing in the Chinese music market. SM has dedicated years to making inroads in the Chinese market -- and for good reason. China is one of the fastest-growing music streaming markets worldwide. Tencent Music Entertainment (TME) happens to be the industry leader with over 800 million monthly users across four of the top music service platforms in China: QQ Music, KUGOU Music, KUWO Music and Wesing. (For comparison, Spotify recently hit 191 million monthly active users The K-pop empire’s entire catalogue of music and videos will be made available through Show less Read more
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