Eplly is Your Ultimate Source for the Latest News, Science, Health, Fashion, Education, Family, Music and Movies.
—— 《 Eplly • Com 》
China's Tencent Music tops quarterly revenue estimates
Views: 3683
2023-11-14 17:29
(Corrects second paragraph to say revenue fell, not rose) China's Tencent Music Entertainment topped third- quarter revenue estimates

China's Tencent Music Entertainment topped third- quarter revenue estimates on Tuesday, helped by steady growth in paid subscriptions on its music streaming platform.

Total revenue of the Tencent Holdings Ltd-controlled company rose to 6.57 billion yuan ($900.94 million) in the third quarter. Analysts were expecting revenue of 6.31 billion yuan, according to LSEG data.

($1 = 7.2924 Chinese yuan renminbi)

(Reporting by Harshita Mary Varghese; Editing by Pooja Desai)

You Might Like...