Tencent Music generated over $1bn in Q1, up 7.3% YoY – driven by growth in Super VIP-led memberships and concert revenues

China-headquartered music streaming company Tencent Music Entertainment generated total revenue of RMB 7.90 billion (USD $1.15 billion) in the first quarter of 2026, up 7.3% year-over-year. That’s according to the company’s latest earnings report, published on Tuesday (May 12), for the three months

Share