Tencent Music's quarterly revenue jumps on strong subscriber growth

Alexia Bădoiu

Tencent Music Entertainment surpassed first-quarter revenue expectations on Tuesday on the back of strong subscriber growth in its online music services, particularly in its long-form audio content. The Chinese music streaming giant has heavily invested in long-form content, like podcasts and audiobooks, as part of its bet on the Super VIP (SVIP) program, which bundles high-quality audio, online karaoke and exclusive event access. This has helped Tencent Music offset weakness in its social

Tencent Music's quarterly revenue jumps on strong subscriber growth https://www.channelnewsasia.com/ - 13.05.2025 20:47
Tencent Music's quarterly revenue jumps on strong subscriber growth https://www.channelnewsasia.com - 13.05.2025 19:12

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Tencent Music's quarterly revenue jumps on strong subscriber growth https://www.channelnewsasia.com/ - 13.05.2025 20:47
Tencent Music's quarterly revenue jumps on strong subscriber growth https://www.channelnewsasia.com - 13.05.2025 19:12