Tencent Music's annual revenue 2016-2023

Published by
Lai Lin Thomala,
Mar 20, 2024

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)

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Release date

March 2024

Region

China

Survey time period

2016 to 2023

Supplementary notes

One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of March 2024).

Values have been rounded for a better understanding.

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