Tencent Music Entertainment saw the first decline in annual revenue in 2023. The music division of the Chinese tech giant Tencent earned about 28 billion yuan with a year-over-year loss rate at 2.1 percent.
Annual revenue of Tencent Music Entertainment Group from 2016 to 2023
(in billion yuan)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Tencent Music Entertainment. (March 19, 2024). Annual revenue of Tencent Music Entertainment Group from 2016 to 2023 (in billion yuan) [Graph]. In Statista. Retrieved October 30, 2024, from https://www.statista.com/statistics/933973/china-tencent-music-revenue/
Tencent Music Entertainment. "Annual revenue of Tencent Music Entertainment Group from 2016 to 2023 (in billion yuan)." Chart. March 19, 2024. Statista. Accessed October 30, 2024. https://www.statista.com/statistics/933973/china-tencent-music-revenue/
Tencent Music Entertainment. (2024). Annual revenue of Tencent Music Entertainment Group from 2016 to 2023 (in billion yuan). Statista. Statista Inc.. Accessed: October 30, 2024. https://www.statista.com/statistics/933973/china-tencent-music-revenue/
Tencent Music Entertainment. "Annual Revenue of Tencent Music Entertainment Group from 2016 to 2023 (in Billion Yuan)." Statista, Statista Inc., 19 Mar 2024, https://www.statista.com/statistics/933973/china-tencent-music-revenue/
Tencent Music Entertainment, Annual revenue of Tencent Music Entertainment Group from 2016 to 2023 (in billion yuan) Statista, https://www.statista.com/statistics/933973/china-tencent-music-revenue/ (last visited October 30, 2024)
Annual revenue of Tencent Music Entertainment Group from 2016 to 2023 (in billion yuan) [Graph], Tencent Music Entertainment, March 19, 2024. [Online]. Available: https://www.statista.com/statistics/933973/china-tencent-music-revenue/