Tencent Music Entertainment Group

General Information
Business:

 

We are the largest online music entertainment platform in China, operating the top four music mobile apps in terms of mobile MAUs in the second quarter of 2018. Our platform comprises our online music, online karaoke and music-centric live streaming products, supported by our content offerings, technology and data. Our platform is an all-in-one music entertainment destination that allows users to seamlessly engage with music in many ways, including discovering, listening, singing, watching, performing and socializing. On our platform, social interactions such as sharing, liking, commenting, following and virtual gifting, are deeply integrated in our products and highly complementary to the core music experience, thereby enhancing our user experience, engagement and retention.

Industry: RADIO BROADCASTING STATIONS
Employees: 2559
Founded: 1998
Contact Information
Address 17/F, Malata Building, Kejizhongyi Road, Midwest District of Hi-tech Park, Nanshan District, Shenzhen, 518057, the People’s Republic of China
Phone Number +86-755-8601-3388
Web Address http://www.qq.com
View Prospectus: Tencent Music Entertainment Group
Financial Information
Market Cap $21260.9mil
Revenues $2492.6 mil (last 12 months)
Net Income $470.4 mil (last 12 months)
IPO Profile
Symbol TME
Exchange NASDAQ
Shares (millions): 82.0
Price range $13.00 - $13.00
Est. $ Volume $1066.0 mil
Manager / Joint Managers Morgan Stanley/ Goldman Sachs (Asia)/ J.P. Morgan/ Deutsche Bank Securities/ BofA Merrill Lynch
CO-Managers Credit Suisse/ CICC/ Allen & Company/ BOCI/ China Renaissance/ HSBC/ KeyBanc Capital Markets/ Stifel
Expected To Trade: 12/12/2018
Status: Priced
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