Tencent Music Entertainment Financials – Karaoke App Strong! Music Subscribers Growing

Tencent Music Entertainment had 652 million mobile monthly active users across QQ Music, Kugou Music and Kuwo Music, which was only 1.2% up year on year. However, paying subscribers grew by 33% year on year…

WeSing Karaoke and its livestreaming-video Apps Are The Biggest News from Tencent Music Entertainment IPO

Tencent Music Entertainment have just announced their IPO, but the biggest news is their ‘social entertainment’ services. WeSing karaoke and its livestreaming-video apps generated $1.18bn from 228 million users. Thus, WeSing and its livestreaming apps…