Ross Liang

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

TME has half the paying subscriber base of Spotify, but has kept pace with Spotify's growth

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