Tencent Music Entertainment Group American Depositary Shares, each representing two Class A Ordinary Shares (TME)

Tencent Music is the largest online music streaming platform in China, established in 2016 through the merger of QQ Music, Kuwo Music, and Kugou Music. Tencent, its largest shareholder, holds over 50% of the shares and more than 90% of the voting rights. Beyond streaming services, Tencent Music generates revenue through a diverse range of offerings, including podcasts, livestreaming, concerts, and karaoke.

Market region: US

Market capitalization

13.71 billion USD (13,706,324,432 USD)

Listing date

12/12/2018

Weighted shares outstanding

1,629,765,093

Share class shares outstanding

741,429,876

https://www.tencentmusic.com