Tencent Music Entertainment Group, China’s dominant online music and audio platform, reported strong third-quarter financial results.
For the period ended September 30, the company’s online music service revenues climbed 27.2% year-over-year to RMB 6.97 billion (approximately $979 million), according to unaudited figures released on Thursday.
The Chinese music streaming giant’s growth was fueled by increases across multiple revenue streams, showcasing the company’s expanding influence in the online music industry.
https://variety.com/2025/music/news/tencent-music-q3-revenue-2025-1236577827/