Tencent Music Entertainment Group (TME),best indian teen sex videos the music streaming arm of Chinese tech giant Tencent, reported Q1 2025 revenue of RMB 7.36 billion ($1.01 billion), an 8.7% increase year-over-year, driven by a surge in online music subscriptions. Revenue from music services rose nearly 16% to RMB 5.8 billion ($800 million), while social entertainment revenue declined to RMB 1.55 billion ($220 million) from RMB 1.76 billion ($240 million). The drop in social entertainment revenue is attributed to the removal of certain live-streaming features to comply with Beijing’s anti-gambling regulations. The company added 1.9 million music subscribers during the quarter, reaching 122.9 million paid users. TME plans to continue investing in content partnerships, product upgrades, and live events to expand engagement in China’s competitive streaming market. [TME]
Related Articles
2025-06-26 20:29
2510 views
Things Intel Needs to Fix
As the market leader and long time dominant force in the CPU space, Intel's been able to get away wi
Read More
2025-06-26 20:28
1650 views
Xiaomi sets up Xring division to develop in
Xiaomi has established a new division called Xring to develop its first custom SoC (System on Chip)
Read More
2025-06-26 19:39
2344 views
iPhone Pro now eligible for China’s national subsidy program · TechNode
Apple issued a price adjustment notice to its channel partners yesterday, cutting prices for all sto
Read More