Tencent Music Entertainment Competitors and Similar CompaniesClear all
Tencent Music Entertainment's competitors and similar companies include Qobuz, VNUE, Electric Jukebox and Mixhalo.
 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. |  Qobuz Qobuz is an online music service, world leader in high-quality sound, offering streaming subscriptions and pay-as-you-go downloads. |  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. |  Electric Jukebox Electric Jukebox is a music entertainment brand, building music streaming products, content and experience for the home – all designed to help bring families together. |  Mixhalo Mixhalo is a company providing a real-time audio platform delivering a high-quality, immersive experience for live events. | |
Founding Date | Founding Date 2012 | Founding Date 2007 | Founding Date 2013 | Founding Date 2014 | Founding Date 2016 |
Type | Type Public | Type Private | Type Public | Type Private | Type Private |
Tags | |||||
Locations | Locations Shenzhen, CN HQ Beijing, CN Guangzhou, CN Shenzhen, CN Shenzhen, CN | Locations Pantin, FR HQ | Locations New York, US HQ | Locations London, GB HQ London, GB | Locations San Francisco, US HQ |
Employees | Employees 5,353 | Employees 1241% increase | Employees 2 | Employees 37 | Employees 29 |
Valuation ($) | Valuation ($) 19.6 b | Valuation ($) N/A | Valuation ($) 1.5 m | Valuation ($) N/A | Valuation ($) N/A |
Financial | |||||
Revenue (est.) | Revenue (est.) ¥32.9b (FY, 2025) | Revenue (est.) N/A | Revenue (est.) $529.4k (FY, 2023) | Revenue (est.) N/A | Revenue (est.) N/A |
Cost of goods | Cost of goods ¥17.4b (FY, 2025) | Cost of goods N/A | Cost of goods $346.8k (FY, 2023) | Cost of goods N/A | Cost of goods N/A |
Gross profit | Gross profit ¥15.5b (FY, 2025) | Gross profit N/A | Gross profit $182.6k (FY, 2023) | Gross profit N/A | Gross profit N/A |
Net income | Net income ¥11.4b (FY, 2025) | Net income N/A | Net income ($1.1m) (FY, 2023) | Net income N/A | Net income N/A |
Funding | |||||
Latest funding round | Latest funding round N/A | Latest funding round $ 11.8m (almost 6 years ago) | Latest funding round N/A | Latest funding round $ 14m (almost 9 years ago) | Latest funding round $ 10.7m (almost 7 years ago) |
Total funding raised | Total funding raised N/A | Total funding raised $ 18.6m | Total funding raised N/A | Total funding raised $ 15.9m | Total funding raised $ 15m |
For sources of this data, please see the company profile
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Qobuz
HQ
Pantin, FR
Employees
124↑ 1% increase
Qobuz is an online music service, world leader in high-quality sound, offering streaming subscriptions and pay-as-you-go downloads.
View companyVNUE
HQ
New York, US
Employees
2
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.
View companyElectric Jukebox
HQ
London, GB
Employees
37
Electric Jukebox is a music entertainment brand, building music streaming products, content and experience for the home – all designed to help bring families together.
View companyMixhalo
HQ
San Francisco, US
Employees
29
Mixhalo is a company providing a real-time audio platform delivering a high-quality, immersive experience for live events.
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