SHENZHEN, China, July 15, 2025 /PRNewswire/ -- Tencent Music Entertainment Group ("TME", or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced that it will report its unaudited financial results for the second quarter of 2025 before the U.S. market opens on Tuesday, August 12, 2025.

TME's management will host a Tencent Meeting Webinar on Tuesday, August 12, 2025, at 7:00 A.M. Eastern Time or 7:00 P.M. Beijing/Hong Kong Time on Tuesday, August 12, 2025, to review and discuss the Company's business and financial performance.

SHENZHEN, China, June 27, 2025 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced that its annual general meeting (the "AGM") was held in Hong Kong on June 27, 2025 and all the proposed resolutions set out in the notice of the AGM dated May 20, 2025 were duly passed at the AGM.

About Tencent Music Entertainment

Tencent Music Entertainment Group (NYSE: TME and HKEX: 1698) is the leading online music and audio entertainment platform in China, operating the country's highly popular and innovative music apps: QQ Music, Kugou Music, Kuwo Music and WeSing. TME's mission is to create endless possibilities with music and technology. TME's platform comprises online music, online audio, online karaoke, music-centric live streaming and online concert services, enabling music fans to discover, listen, sing, watch, perform and socialize around music. For more information, please visit ir.tencentmusic.com.

BEIJING, June 24, 2025 /PRNewswire/ -- On June 19, the 3rd Wave Music Awards – Honor Ceremony concluded splendidly at the Beijing Performing Arts Center. Initiated by the Wave Music Committee and hosted by the Tencent Music Entertainment Group (TME), this year's Awards upheld the principle of "Jointly Establishing Artistic and Aesthetic Standards for the Music Industry," with work quality as the sole evaluation criterion, aiming to create a professional, fair, and authoritative annual music event, and ultimately recognizing the finest Chinese music and artists of 2024.

SHENZHEN, China, June 10, 2025 /PRNewswire/ -- Promoted by AEG Presents, TME live and Chessman, G-DRAGON 2025 WORLD TOUR [Übermensch] IN MACAU, presented by Galaxy Macau™, is sponsored by The Hong Kong and Shanghai Banking Corporation Limited (HSBC), Trip.com Group and HopeGoo. Streaming platform QQ Music logged over 7 million users online simultaneously while promoting the show, demonstrating the overwhelming anticipation for the Macau stop. From June 6 to 8, G-DRAGON delivered three consecutive, sold-out performances at Galaxy Arena, bringing the Macau stop to a spectacular close. Marking his return to Macau after eight years, the shows drew an enthusiastic crowd of over 36,000 attendees across three days—a powerful testament to his enduring global appeal.

QQ MUSIC Attracts Over 7 Million Simultaneous Users, with G-DRAGON's Electrifying Three-Night Live Performance

SHENZHEN, China, June 10, 2025 /PRNewswire/ -- Promoted by AEG Presents, TME live and Chessman, G-DRAGON 2025 WORLD TOUR [Übermensch] IN MACAU, presented by Galaxy Macau™, is sponsored by The Hong Kong and Shanghai Banking Corporation Limited (HSBC), Trip.com Group and HopeGoo. Streaming platform QQ Music logged over 7 million users online simultaneously while promoting the show, demonstrating the overwhelming anticipation for the Macau stop. From June 6 to 8, G-DRAGON delivered three consecutive, sold-out performances at Galaxy Arena, bringing the Macau stop to a spectacular close. Marking his return to Macau after eight years, the shows drew an enthusiastic crowd of over 36,000 attendees across three days—a powerful testament to his enduring global appeal.

SHENZHEN, China, May 20, 2025 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced that it will hold its annual general meeting of shareholders (the "AGM") at 10/F, The Hong Kong Club Building, 3A Chater Road, Central, Hong Kong on Friday, June 27, 2025 at 10 a.m. (Beijing/Hong Kong time) for the purposes of considering and, if thought fit, passing the resolutions as set forth in the notice of the AGM (the "AGM Notice"). The AGM Notice and the form of proxy for the AGM are available on the Company's website at https://ir.tencentmusic.com on May 20, 2025. The Board of Directors of the Company fully supports the proposed resolutions and recommends that shareholders and holders of American depositary shares ("ADSs") vote in favor of the resolutions.

SHENZHEN, China, May 13, 2025 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced its unaudited financial results for the first quarter ended March 31, 2025.

First Quarter 2025 Financial Highlights

Total revenues were RMB7.36 billion (US$1.01 billion), representing an 8.7% year-over-year increase, primarily due to strong year-over-year growth in revenues from online music services, and partially offset by a decline in revenues from social entertainment services and others.Revenues from music subscriptions were RMB4.22 billion (US$581 million), representing 16.6% year-over-year growth. The number of paying users increased by 8.3% year-over-year to 122.9 million, up by 1.9 million from the fourth quarter of 2024. Monthly ARPPU grew to RMB11.4 from RMB10.6 in the same period of 2024.Net profit attributable to equity holders of the Company was RMB4.29 billion (US$591 million), representing 201.8% year-over-year growth. Non-IFRS net profit attributable to equity holders of the Company[1] was RMB2.12 billion (US$293 million), representing 24.6% year-over-year growth. The Company has recognized a gain of RMB2.37 billion (US$327 million) on deemed disposal of an investment under IFRS.Diluted earnings per ADS was RMB2.77 (US$0.38), up from RMB0.91 in the same period of 2024. Non-IFRS diluted earnings per ADS was RMB1.37 (US$0.19), up from RMB1.09 in the same period of 2024.Total cash, cash equivalents, term deposits and short-term investments as of March 31, 2025 were RMB37.67 billion (US$5.19 billion).

SHENZHEN, China, April 23, 2025 /PRNewswire/ -- Tencent Music Entertainment Group ("TME", or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced that it has filed its annual report on Form 20-F that includes its audited financial statements for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission (the "SEC") on April 23, 2025, U. S. Eastern Time.

The annual report can be accessed on TME's investor relations website at ir.tencentmusic.com and on the SEC's website at www.sec.gov. The Company will also provide a hard copy of the annual report containing its audited consolidated financial statements, free of charge, to its shareholders and American Depositary Share holders upon request.

SHENZHEN, China, April 23, 2025 /PRNewswire/ -- Tencent Music Entertainment Group ("TME", or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today released its 2024 Environmental, Social and Governance ("ESG") report, outlining the achievements and progress it made throughout the year in executing a sustainability strategy.

Mr. Cussion Pang, Executive Chairman of TME, commented, "As we remained true to our mission to 'create endless possibilities with music and technology,' we have been driving the advancement of online music industry through technology while prioritizing sustainable growth. We will continue to innovate and deploy initiatives that create positive changes and value for the society."

SHENZHEN, China, April 15, 2025 /PRNewswire/ -- Tencent Music Entertainment Group ("TME", or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced that it will report its unaudited financial results for the first quarter of 2025 before the U.S. market opens on Tuesday, May 13, 2025.

TME's management will host a Tencent Meeting Webinar on Tuesday, May 13, 2025, at 7:00 A.M. Eastern Time or 7:00 P.M. Beijing/Hong Kong Time on Tuesday, May 13, 2025, to review and discuss the Company's business and financial performance.

SHENZHEN, China, March 18, 2025 /PRNewswire/ --Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2024.

Fourth Quarter 2024 Financial Highlights

Total revenues were RMB7.46 billion (US$1.02 billion), representing an 8.2% year-over-year increase, primarily due to strong year-over-year growth in revenues from online music services, and partially offset by a decline in revenues from social entertainment services and others.Revenues from music subscriptions were RMB4.03 billion (US$552 million), representing 18.0% year-over-year growth. The number of paying users increased by 13.4% year-over-year to 121.0 million, up by 2.0 million from the third quarter of 2024. ARPPU grew to RMB11.1 from RMB10.7 in the same period of 2023.Net profit was RMB2.08 billion (US$284 million), representing 47.3% year-over-year growth. Net profit attributable to equity holders of the Company was RMB1.96 billion (US$268 million), representing 49.8% year-over-year growth. Non-IFRS net profit[1] was RMB2.40 billion (US$329 million), representing 43.0% year-over-year growth. Non-IFRS net profit attributable to equity holders of the Company[1] was RMB2.28 billion (US$312 million), representing 44.8% year-over-year growth.Diluted earnings per ADS was RMB1.26 (US$0.17), up from RMB0.83 in the same period of 2023.Total cash, cash equivalents, term deposits and short-term investments as of December 31, 2024 were RMB37.58 billion (US$5.15 billion).

SHENZHEN, China, Feb. 28, 2025 /PRNewswire/ -- Tencent Music Entertainment Group ("TME", or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced the retirement of Mr. Matthew Yun Ming Cheng from his position as a director on the Board of Directors (the "Board"), effective February 28, 2025. Concurrently, the Board approved the appointment of Mr. Wai Yip Tsang, as a director on the Board, effective February 28, 2025.

"Matthew has been a valuable member of TME's Board during his tenure since 2022. On behalf of the Board, I would like to thank him for his dedication, which helped us drive growth and innovation while promoting the prosperity of China's music industry," commented Mr. Cussion Pang, Executive Chairman of TME. "I would also like to welcome Wai Yip to the Board. His deep financial background, extensive experience and business insights will be a tremendous asset to TME."

SHENZHEN, China, Feb. 18, 2025 /PRNewswire/ -- Tencent Music Entertainment Group ("TME", or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced that it will report its unaudited financial results for the fourth quarter and full year of 2024 before the U.S. market opens on Tuesday, March 18, 2025.

TME's management will host a Tencent Meeting Webinar on Tuesday, March 18, 2025, at 7:00 A.M. Eastern Time or 7:00 P.M. Beijing/Hong Kong Time on Tuesday, March 18, 2025, to review and discuss the Company's business and financial performance.

SHENZHEN, China, Nov. 12, 2024 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced its unaudited financial results for the third quarter ended September 30, 2024.

Third Quarter 2024 Financial Highlights

Total revenues were RMB7.02 billion (US$1.0 billion), representing a 6.8% year-over-year increase, primarily due to strong year-over-year growth in revenues from online music services, and partially offset by a decline in revenues from social entertainment services and others.Revenues from music subscriptions were RMB3.84 billion (US$547 million), representing 20.3% year-over-year growth. The number of paying users increased by 15.5% year-over-year to 119.0 million, up by 2.0 million from the second quarter of 2024. ARPPU grew 4.9% year-over-year to RMB10.8.Net profit was RMB1.71 billion (US$244 million), representing 35.3% year-over-year growth. Net profit attributable to equity holders of the Company was RMB1.58 billion (US$226 million), representing 35.5% year-over-year growth. Non-IFRS net profit[1] was RMB1.94 billion (US$276 million), representing 29.1% year-over-year growth. Non-IFRS net profit attributable to equity holders of the Company[1] was RMB1.81 billion (US$258 million), representing 28.8% year-over-year growth.Diluted earnings per ADS was RMB1.01 (US$0.14), up from RMB0.74 in the same period of 2023.Total cash, cash equivalents, term deposits and short-term investments as of September 30, 2024 were RMB36.04 billion (US$5.14 billion).  As of September 30, 2024, the Company had repurchased 42.1 million ADSs in the open market with cash for a total consideration of US$335.5 million, of which approximately US$100 million were repurchased in the third quarter.

Expanding TME's Global Footprint to Elevate International Music Experiences 

SHENZHEN, China, Oct. 17, 2024 /PRNewswire/ -- Tencent Music Entertainment Group (TME) today announced a strategic partnership with Galaxy Corporation, the agency representing the influential global musician G-Dragon, for his upcoming regional tour. The collaboration marks a significant step forward in TME's ambitions to expand its global presence and further solidify its position in the international music scene.

As part of this agreement, TME will act as the proprietary tour partner for G-Dragon's concerts across various markets, including most of Southeast Asia, the Middle East, Hong Kong, Macao, Taiwan, Australia, and New Zealand.

Expanding TME's Global Footprint to Elevate International Music Experiences 

SHENZHEN, China, Oct. 17, 2024 /PRNewswire/ -- Tencent Music Entertainment Group (TME) today announced a strategic partnership with Galaxy Corporation, the agency representing the influential global musician G-Dragon, for his upcoming regional tour. The collaboration marks a significant step forward in TME's ambitions to expand its global presence and further solidify its position in the international music scene.

As part of this agreement, TME will act as the proprietary tour partner for G-Dragon's concerts across various markets, including most of Southeast Asia, the Middle East, Hong Kong, Macao, Taiwan, Australia, and New Zealand.

Expanding TME's Global Footprint to Elevate International Music Experiences 

SHENZHEN, China, Oct. 17, 2024 /PRNewswire/ -- Tencent Music Entertainment Group (TME) today announced a strategic partnership with Galaxy Corporation, the agency representing the influential global musician G-Dragon, for his upcoming regional tour. The collaboration marks a significant step forward in TME's ambitions to expand its global presence and further solidify its position in the international music scene.

As part of this agreement, TME will act as the proprietary tour partner for G-Dragon's concerts across various markets, including most of Southeast Asia, the Middle East, Hong Kong, Macao, Taiwan, Australia, and New Zealand.

SHENZHEN, China, Oct. 14, 2024 /PRNewswire/ -- Tencent Music Entertainment Group ("TME", or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced that it will report its unaudited financial results for the third quarter of 2024 before the U.S. market opens on Tuesday, November 12, 2024.

TME's management will host a Tencent Meeting Webinar on Tuesday, November 12, 2024, at 6:00 A.M. Eastern Time or 7:00 P.M. Beijing/Hong Kong Time on Tuesday, November 12, 2024, to review and discuss the Company's business and financial performance.

SHENZHEN, China, Sept. 27, 2024 /PRNewswire/ -- Tencent Music Entertainment Group ("TME", or the "Company") (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today released its inaugural Environmental, Social and Governance ("ESG") report. This report highlights the Company's commitment to sustainable practices and long-term value creation, and details the initiatives and performance in key areas such as responsible platform, employee care, and social responsibility. 

Singapore Kicks Off the First Stop of TME's Music Journey to the World

SHENZHEN, China, Sept. 12, 2024 /PRNewswire/ -- On September 11, 2024, Tencent Music Entertainment Group (TME) announced the launch of its Global Music Outreach Initiative, which will bring together talented Chinese music artists and their works to be showcased on prominent stages worldwide. The initiative will kickstart in Singapore from September 13 to 17, beginning a broader series of music and industry exchange activities around the world, including overseas performances, international music creation exchanges, and discussions on future industry development. As Chinese culture continues to capture global attention, TME aims to leverage its platform and technological strengths to open up new international markets for Chinese artists, enhancing their global presence and creating fresh opportunities for industry growth.