China’s online music giant continues to generate robust revenue growth and stable profits.
News & Analysis: Tencent Music Entertainment Group
Find out what sent these stocks sharply lower.
TME earnings call for the period ending September 30, 2019.
Is the streaming music giant abusing its exclusive deals with big record labels?
Can the growth of the Chinese streaming music giant's karaoke app offset the slowdown in its digital music platforms?
Stocks rose after the U.S. backed off on Chinese tariff threats. Meanwhile, JD.com and Tencent Music Entertainment reported better-than-expected Q2 results.
TME earnings call for the period ending June 30, 2019.
Such a move would help the tech giant reinforce its leading position in China’s evolving music market.
One analyst likes the sound of that idea.
Despite a mild earnings beat, the China-based streaming media company slid sharply.