The company is deepening integration with the Tencent ecosystem and leaning on its newly acquired Ximalaya platform to defend market share against ByteDance’s rapidly growing audio apps
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Tencent Music is responding to growing competition by drawing more traffic from elsewhere inside Tencent. Photo: IC photo
China's Tencent Music posts Q2 2026 revenue of $1.32 billion, driven by music services growth and the newly consolidated Ximalaya…
Tencent Music's second quarter earnings topped $1.3 billion on subscription growth.
Ximalaya, a platform for podcasts, audiobooks and music, could enhance Tencent Music’s competitiveness in the audio content…
The tech giant’s decision to comply with the mandate follows the conditional approval of its acquisition of online audio platform…
Tencent stock was down 26% so far in 2026 as the company faces intense competition in China in AI and investors grow jittery…
Tencent Music Entertainment said it has completed the full acquisition of Chinese audio platform Ximalaya in a deal valued at…
