Core Insights - Tencent Music Entertainment Group reported its third-quarter unaudited financial performance, with total revenue of 8.46 billion yuan, a year-on-year increase of 20.6%, and adjusted net profit of 2.48 billion yuan, up 27.7% [1] Financial Performance - The online music service revenue grew by 27.2% year-on-year to 6.97 billion yuan in the third quarter [1] - The average revenue per paying user increased from 10.8 yuan in the same period of 2024 to 11.9 yuan [1] Strategic Initiatives - Tencent Music's steady growth is attributed to the deepening of its "content and platform" dual strategy [1] - The company has strengthened collaborations with global record companies and artists, hosting large domestic and international tours, and expanding its own performance IP matrix [1] - Continuous innovation in product features and services aims to meet the diverse needs of user groups, creating personalized and differentiated music experiences [1] Future Outlook - Tencent Music plans to seize emerging opportunities and expand its music service offerings, collaborating with industry partners to promote healthy industry development [1]
腾讯音乐第三季度营收84.6亿元 在线音乐服务收入同比增27.2%