TENCENT MUSIC ENTERTAINM-ADR
Tencent Music Entertainment Group is a company that develops music streaming services for the Chinese market. Tencent Music's apps include QQ Music, KuGou, Kuwo, and WeSing; which have more than 800 million active users and 120 million paying subscribers. As of July 2016, Tencent Music's three services held an estimated 56% market share of music streaming services in China.
If you'd bought from year…
Same habit, different start year. Each row shows what a constant habit's worth of TME would be worth today, had you started buying at that point in the asset's history.
| Started | $6/day$6/day coffee | $42/wk$42/week coffee |
|---|---|---|
| Year 1 (2018) — listing | $10,830 1.0× | $15,783 1.0× |
| Year 6 (2023) | $4,474 0.9× | $6,531 0.9× |
Repeated investment, no fees, dividends reinvested. $6/day coffee = $180 / month equivalent.
Headquarters
Shenzhen, Guangdong, China
Popular scenarios with TME
For illustration only — not investment advice. Past performance is not indicative of future results.