Tencent Music Boasts 39.9 Million Paying Subs — Tops Wall Street Estimates

Tencent Music closed 2019 with nearly 40 million paying music subscribers worldwide. Tencent Music Entertainment Group (TME) runs three different music streaming services in China. Those include QQ Music, Kugou, and Kuwo. TME told investors that its subscribers paid $160 million in Q4 2019. TME’s paying music users figure in Q4 2019 is up 47.8% […]

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