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TME| Name | Value |
|---|---|
| Revenues | 7,015.0M |
| Cost of Revenue | 4,024.0M |
| Gross Profit | 2,991.0M |
| Operating Expense | 847.0M |
| Operating I/L | 2,144.0M |
| Other Income/Expense | -68.0M |
| Interest Income | 299.0M |
| Pretax | 2,076.0M |
| Income Tax Expense | 367.0M |
| Net Income/Loss | 1,583.0M |
Tencent Music Entertainment Group operates online music entertainment platforms in China, offering music streaming, online karaoke, and live streaming services through QQ Music, Kugou Music, Kuwo Music, and WeSing. The platforms provide personalized music discovery and interactive online stages for performers and users. The company also sells music-related merchandise, offers online music event ticketing services, and collaborates with smart device and automobile makers to integrate music services. Additionally, it has a strategic partnership with China Literature. Tencent Music Entertainment Group generates revenue through subscription services, advertising, and the sale of music-related products and event tickets.
