Tencent Music
TME
$7.33
Share price
5.62%
Change (1 day)
78.35%
Change (1 year)
Categories
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 B | 25.9% |
| 2021 | $11.59 B | -64.08% |
| 2020 | $32.27 B | 63.88% |
| 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
$13.37 Billion
$12.42 Billion
$6.29 Billion
Market capitalization for similar companies or competitors
| Name | Market cap | Market cap differencediff. | Country |
|---|---|---|---|
 Perion Network PERI | $1.46 B | -88.33% | 🇮🇱 Israel |