TME
Tencent Music Entertainment Group
NYSE · Communication Services · Internet Content & Information · CN
$7.98
+1.01%Price chart
Aug 12Aug 17Aug 20Aug 25Aug 28Sep 2Sep 8Sep 11
ValuationView details →
P/E (Fwd)
8.6x
EV/EBITDA
4.8x
Market Cap
$12.56B
MomentumView details →
1D Return
+1.01%
YTD Return
−54.76%
RSI (14)
33.2
ValuationView details →
P/E (Fwd)
8.6x
EV/EBITDA
4.8x
Market Cap
$12.56B
RSI (14)
33.2
MomentumView details →
1D Return
+1.01%
YTD Return
−54.76%
SummaryUpdated Jun 1, 2026
Tencent Music Entertainment Group (NYSE:TME) is China's leading online music entertainment platform, founded in 2016 through the merger of QQ Music and China Music Corporation. The company operates as a subsidiary of Tencent Holdings Limited and went public on the New York Stock Exchange in December 2018. TME has established itself as the dominant force in China's digital music ecosystem, combining music streaming services with social entertainment features to create a comprehensive audio entertainment platform serving hundreds of millions of users across China.
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Tencent Music completed a public offering of US$1 billion in senior unsecured notes, comprising US$500 million of 5.050% notes due 2031 and US$500 million of 5.650% notes due 2036, raising about US$991.9 million in net proceeds.3d agoFitch Ratings affirmed Tencent Music Entertainment Group's credit rating at 'A-' with a stable outlook.5d agoJPMorgan, Goldman Sachs, and HSBC are leading the underwriting of Tencent Music's notes issuance.10d ago