TME(US:TME) Jin Rong Jie·2025-06-02 13:49Group 1 - Tencent Music's stock opened at $17.18, up 2.02%, with a total market capitalization of $26.61 billion as of June 2 [1] - As of March 31, 2025, Tencent Music reported total revenue of 7.356 billion RMB, a year-on-year increase of 8.69%, and a net profit attributable to shareholders of 4.291 billion RMB, reflecting a significant year-on-year growth of 201.76% [1] Group 2 - Tencent Music Entertainment Group is a leading online music and audio platform in China, operating popular music products such as QQ Music, Kugou Music, Kuwo Music, and Quanmin Kge [2] - The company provides a wide range of services including online music, audio, karaoke, live streaming, and online performances, creating a large community for music enthusiasts to interact [2] - Tencent Music integrates social interaction features like sharing, liking, commenting, and gifting into its platform, enhancing user engagement and retention [2] - The company has a vast music library that includes licensed, self-produced, and co-created content, along with professional video content such as music videos and concerts [2] - Tencent Music collaborates closely with music labels and content owners for copyright protection and empowers artists and performers in creation, distribution, and commercialization [2] - The company's mission is to leverage technology to create limitless possibilities in music [2]