![]() VNUE VNUE is a live entertainment music technology company which brings bands and fans together by capturing professional quality audio and video recordings of live performances. | ![]() Tencent Music Entertainment Tencent Music Entertainment (TME, 腾讯音乐娱乐) is a company that provides an online music entertainment platform operating music apps such as QQ Music, Kugou Music, Kuwo Music, and WeSing. | |
Founding Date | Founding Date 2013 | Founding Date 2012 |
Type | Type Public | Type Public |
Tags | ||
Locations | Locations New York, US HQ | Locations Shenzhen, CN HQ Beijing, CN Guangzhou, CN Shenzhen, CN Shenzhen, CN |
Employees | Employees 2 | Employees 5,353 |
Valuation ($) | Valuation ($) 1.5 m | Valuation ($) 19.6 b |
Financial | ||
Revenue (est.) | Revenue (est.) $529.4k (FY, 2023) | Revenue (est.) ¥32.9b (FY, 2025) |
Cost of goods | Cost of goods $346.8k (FY, 2023) | Cost of goods ¥17.4b (FY, 2025) |
Gross profit | Gross profit $182.6k (FY, 2023) | Gross profit ¥15.5b (FY, 2025) |
Net income | Net income ($1.1m) (FY, 2023) | Net income ¥11.4b (FY, 2025) |

Tencent Music Entertainment (TME, 腾讯音乐娱乐) is a company that provides an online music entertainment platform operating music apps such as QQ Music, Kugou Music, Kuwo Music, and WeSing.
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