Cussion Pang

Company saw an 8.3% YoY increase in number of paying users, reaching 122.9 million in Q1

China's largest operator of music streaming services says live music is becoming increasingly important to listeners

Tencent Music says it now offers 260 million licensed and co-created tracks on its platform, significantly more than Spotify’s “over 100 million”

The music streaming operator is working to differentiate its services amid a long-running slump in monthly active users

If Spotify is wondering what features to include in its new "Super-Premium" tier, it may want to look at China's Tencent Music Entertainment

The music streaming service saw growth in both paid subscribers and average revenue per user

Both the number of subscribers and revenue per paying subscriber are growing rapidly at TME

TME generated $514m from paying online music subscribers in the year

Why the company's Cayman Islands setup should be closely scrutinized by music's biggest players