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Tencent Music Entertainment Group (TME)

NYSE - NYSE Delayed Price. Currency in USD
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10.46-0.32 (-2.97%)
At close: 4:00PM EDT
10.22 -0.24 (-2.29%)
After hours: 07:59PM EDT

Tencent Music Entertainment Group

Matsunichi Building
17th Floor Midwest District of Hi-tech Park Kejizhongyi Road, Nanshan District
Shenzhen 518057
China
86 755 8601 3388
http://www.tencentmusic.com

Sector(s)Communication Services
IndustryInternet Content & Information
Full Time Employees4,769

Key Executives

NameTitlePayExercisedYear Born
Mr. Kar Shun PangExec. ChairmanN/AN/A1974
Mr. Liang ZhuCEO & DirectorN/AN/AN/A
Mr. Zhenyu XiePres, CTO & DirectorN/AN/A1975
Ms. Min HuChief Financial OfficerN/AN/A1972
Mr. Cheuk Tung YipChief Strategy Officer & Head of Ultimate MusicN/AN/A1981
Millicent T.Vice Gen. Mang.N/AN/AN/A
Ms. Heather DiwuInvestor Relations OfficerN/AN/AN/A
Amounts are as of and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Tencent Music Entertainment Group operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People's Republic of China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover and listen to music in personalized ways; and WeSing, which enables users to have fun by singing and interacting with friends, sharing their singing performances with friends, and discovering songs that others have sung. The company also operates Kugou Music, Kuwo Music, WeSing, QQ Music, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with those interested in their performance; and Kuwo Changting, an audio platform that offers users various audio content, including audio books, cross-talks, radio dramas, and other entertainment. In addition, it sells music-related merchandise, including Kugou headsets, smart speakers, WeSing karaoke microphones, and Hi-Fi systems; and offers online music event ticketing services, as well as services to smart device and automobile makers to build and operate music services on devices and vehicles. Tencent Music Entertainment Group has a strategic partnership with China Literature. The company was formerly known as China Music Corporation. The company was incorporated in 2012 and is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.

Corporate Governance

Tencent Music Entertainment Group’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.