Tencent Music Entertainment - M&A Summary and Business Overview

Internet Software And ServicesCompany

Tencent Music Entertainment M&A Summary

Tencent Music Entertainment has acquired 1 company, including 1 in the last 5 years.

Tencent Music Entertainment’s largest acquisition to date was in 2021, when it acquired Shenzhen Lanren Online Technology Co for $424M. The Company’s most targeted sectors include information technology (100%).

Tencent Music Entertainment Business Overview

Where is Tencent Music Entertainment headquartered?

Tencent Music Entertainment is headquartered in Shenzhen , China.

What is Tencent Music Entertainment’s revenue?

Tencent Music Entertainment disclosed revenue of 27,752M CNY for 2023 and 28,339M CNY for 2022.

How many employees does Tencent Music Entertainment have?

Tencent Music Entertainment has 5,185 employees.

What sector is Tencent Music Entertainment in?

Tencent Music Entertainment is an internet software and services company.

When was Tencent Music Entertainment founded?

Tencent Music Entertainment was founded in 2012.

M&A Summary

  • M&A Total Activity1
    • M&A Buy Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1

Tencent Music Entertainment

Tencent Music Entertainment Group

Building D Unit 3, 12th Floor Kexing Science Park Kejizhongsan Avenue,Hi-Tech Park, Nansha Shenzhen8,
Shenzhen , 518057
China,
+86 755 8601 3388
www.tencentmusic.com

Tencent Music Entertainment is an online music entertainment platform in China, operating the country's highly popular and innovative music apps: QQ Music, Kugou Music, Kuwo Music and WeSing. Tencent Music Entertainment was founded in 2012 and is based in Shenzhen, China.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # - - 1 - - - 1
vol $424M $424M
Sell (0.0/yr) # - - - - - - 0
  1

Most Recent M&A

Company Date Value Type
Shenzhen Lanren Online Technology Co, Ltd. 2021-01-15 424M CNY Add-on Acquisition
, China
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Information Technology 1 (100%) 424M (100%) - -
Total 1 $424M - -

By Geo

State/Country Buy Value Sell Value
China 1 424M - -
Total 1 $424M - -

Deal Values

buy # Total
$100M to $1B 1 $424M
TOTAL $424M
Largest Shenzhen Lanren Online Technology Co, Ltd.
$424M (2021-01-15)

Company Summary

SECTOR

Internet Software and Services

Revenue

27,752   3% 2023
28,339   10% 2022
31,244   8% 2021
29,153   15% 2020
25,434   34% 2019
18,985   73% 2018
10,981   2017
(millions of CNY) Show More Show Less

Employees

5,185

Established

2012

Public

NYSE: TME

Former Name

China Music Corp.

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