Tencent Music Q4 Results: Co beats quarterly revenue estimates





hina's Tencent Music Entertainment Group beat fourth-quarter revenue estimates on Tuesday, driven by growth in paid subscription on its Spotify-like music streaming platform. The audio entertainment platform reported revenue of 6.89 billion yuan ($957.02 million) for the quarter. Analysts on average had expected revenue of 6.71 billion yuan, according to LSEG data.


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