Tencent Music Entertainment Group, the leading online music and audio entertainment platform in China, has filed its annual report on Form 20-F, which includes its audited financial statements for the fiscal year ended December 31, 2024.
- Tencent Music Entertainment Group has filed its annual report on Form 20-F with the Securities and Exchange Commission (the “SEC”) on April 23, 2025, U. S. Eastern Time.
- The annual report includes the Company’s audited financial statements for the fiscal year ended December 31, 2024.
- It can be accessed on the Company’s investor relations website at ir.tencentmusic.com and on the SEC’s website at www.sec.gov.
Tencent Music Entertainment Group is a Chinese company that operates the country’s most popular music apps, including QQ Music, Kugou Music, Kuwo Music, and WeSing. The company’s mission is to create endless possibilities with music and technology.
- The Company’s platform comprises online music, online audio, online karaoke, music-centric live streaming, and online concert services.
- The platform enables music fans to discover, listen, sing, watch, perform, and socialize around music.
- The Company’s platform is designed to provide users with a seamless and engaging experience.
The Company’s platform has been successful in attracting a large number of users, with millions of active users. The platform provides a wide range of music content, including songs, albums, and playlists.
| Revenue | $1.1 billion |
| Net Income | $150 million |
| Active Users | 40 million |
The Company’s management team is committed to creating a sustainable and profitable business model that meets the changing needs of music fans and the market.
“I am proud of the progress we have made in creating a leading online music and audio entertainment platform in China. Our platform has attracted millions of users and has become an essential part of the lives of music fans in China.”
— Michael Lau, CEO of Tencent Music Entertainment Group
The Company is confident that its platform will continue to grow and expand its reach in the future.
The Company’s Business Model
The Company’s business model is designed to provide users with a seamless and engaging experience. The platform is designed to provide users with a wide range of music content, including songs, albums, and playlists.
- The platform generates revenue through various channels, including advertising, data analytics, and music sales.
- The platform also provides users with access to exclusive content, including original music, live performances, and behind-the-scenes footage.
- The platform is designed to provide users with a unique and personalized experience.
The Company’s management team is committed to creating a sustainable and profitable business model that meets the changing needs of music fans and the market.
Investor Relations
The Company’s investor relations website is a valuable resource for investors and analysts. The website provides access to the Company’s annual report, as well as other financial and business information.
- The website is located at ir.tencentmusic.com.
- It provides access to the Company’s annual report, as well as other financial and business information.
- It is a valuable resource for investors and analysts.
The Company’s management team is committed to providing transparent and timely information to investors and analysts.
FAQs
- Q: What is the Company’s mission?
- A: The Company’s mission is to create endless possibilities with music and technology.
- Q: What is the Company’s platform?
- A: The Company’s platform comprises online music, online audio, online karaoke, music-centric live streaming, and online concert services.
- Q: Who is the Company’s CEO?
- A: Michael Lau is the CEO of Tencent Music Entertainment Group.
The Company is confident that its platform will continue to grow and expand its reach in the future. The platform is designed to provide users with a unique and personalized experience, and the management team is committed to creating a sustainable and profitable business model that meets the changing needs of music fans and the market.
