Tencent Music Reports $1 Billion in Q1 Revenue as Profit Surges 201%

Tencent Music Entertainment Group, China’s leading digital audio platform, reported strong first-quarter results for 2025, with total revenue rising 8.7% year-over-year to $1.01 billion. Growth was driven by gains in music subscriptions and advertising, and significantly boosted by a windfall related to its stake in Universal Music Group. Net profit attributable to equity holders soared […]

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