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 |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |