Tencent Music
$12.57 B
Share price
Change (1 day)
Change (1 year)
Tencent Music Entertainment Group (TME) is joint venture between Tencent and Spotify. The company provides music streaming services for the Chinese market.

Market capitalization of Tencent Music (TME)

Market cap: $12.57 Billion

As of June 2023 Tencent Music has a market cap of $12.57 Billion. This makes Tencent Music the world's 1242th most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth.

Market cap history of Tencent Music from 2018 to 2023

End of year Market Cap

Year Market cap Change
2023$12.57 B-13.83%
2022$14.59 B25.9%
2021$11.59 B-64.08%
2020$32.27 B63.88%
2019$19.69 B-8.77%
2018$21.58 B

End of Day market cap according to different sources

On Jun 1st, 2023 the market cap of Tencent Music was reported to be:

$13.37 Billion
by Yahoo Finance
$13.37 Billion
by CompaniesMarketCap
$12.42 Billion
by Nasdaq
$6.29 Billion
by Iex Cloud

Market capitalization for similar companies or competitors

Name Market cap Market cap differencediff. Country
$1.46 B-88.33%๐Ÿ‡ฎ๐Ÿ‡ฑ Israel