Tencent Music (TME) Reports Q4 EPS of $0.34
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Tencent Music Entertainment Group Announces Fourth Quarter and Full Year 2019 Unaudited Financial Results
March 16, 2020 4:15 PM EDTSHENZHEN, China, March 16, 2020 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music," "TME," or the "Company") (NYSE: TME), the leading online music entertainment platform in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2019.
Financial and Operational Highlights
In the three months ended December 31, 2019:
Online music paying users grew 47.8% year-over-year to 39.9 million. Paying users grew by 4.5 million in the fourth quarter of 2019, compared with growth of 4.4 million in the third quarter of 2019, 2.6 million in the... More