Tencent Music Entertainment Group American Depositary Shares, each representing two Class A Ordinary Shares

Go to Tencent Music Entertainment Group American Depositary Shares, each representing two Class A Ordinary Shares Website

$21.68

0.35 (1.64%)
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$21.33

Day Range

$0 - $0

Previous Day Range

$20.895 - $21.5

Market Cap

$31.7 billion USD

Day Vol.

0

Previous Day Vol.

4.4 million

Currency

USD

Primary Exchange

New York Stock Exchange

Tencent Music is the largest online music streaming platform in China, established in 2016 through the merger of QQ Music, Kuwo Music, and Kugou Music. Tencent, its largest shareholder, holds over 50% of the shares and more than 90% of the voting rig...


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Recent News

Hughes River FM, LLC filed a lawsuit against Ximalaya and Tencent Music Entertainment, alleging self-dealing and breach of fiduciary duty in a proposed acquisition where directors would receive $10 per share while other shareholders would only receive $5 per share.

Related tickers: TME.

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Tencent Music (TME) plans to acquire Ximalaya Inc., a Chinese audio platform, for $1.26 billion cash and stock. The deal expands TME's content beyond music into podcasts and audiobooks, awaiting regulatory approval.

Related tickers: TME, MUSQ.

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