With a market capitalization (market cap) of $13.51B — a measure of how much the company is worth — Tencent Music Entertainment Group is the 800th most valuable company in Communication Services as of August 19, 2026. Shares trade at $8.79, down +0.90% on the day.
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Tencent Music Entertainment Group (TME) is a premier operator of online music entertainment platforms across the People's Republic of China, offering a range of services including music streaming, digital karaoke, and live interactive broadcasting. Its offerings encompass popular streaming platforms like QQ Music, Kugou Music, and Kuwo Music, which facilitate personalized music discovery and listening for users. The company also developed WeSing, an engaging application that allows users to sing, socialize with friends, share their performances, and explore songs sung by others. Furthermore, TME runs interactive live broadcasting platforms, notably Kugou Live and Kuwo Live, providing an online venue for performers to exhibit their talents and interact with their audience. Kuwo Changting acts as a specialized audio content platform, featuring diverse spoken word entertainment such as audiobooks, traditional cross-talk, and radio dramas. Beyond its digital services, TME sells music-related hardware, including Kugou headsets, smart speakers, WeSing karaoke microphones, and Hi-Fi audio systems. It also handles online ticketing for music events and partners with manufacturers of smart devices and automobiles to embed and manage music services within their products and vehicles. Tencent Music Entertainment Group maintains a strategic partnership with China Literature. Headquartered in Shenzhen, China, the company functions as a subsidiary of Tencent Holdings Limited.
Visit websiteAs of August 19, 2026, Tencent Music Entertainment Group (TME) is worth $13.51B — this is its market capitalization, the total value of all its outstanding shares.
Tencent Music Entertainment Group’s market cap is $13.51B, which ranks it #800 among the most valuable companies in the Communication Services sector tracked on MarketCapLens.
Tencent Music Entertainment Group (TME) shares trade at $8.79, down 0.90% on the day, as of August 19, 2026.
Fundamentals are annual. Figures labeled with their fiscal year.
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Tencent Music Entertainment Group trades at a price-to-earnings (P/E) ratio of 1.3, based on its latest share price and annual earnings per share.