Tencent Music (TME)

About Us

Tencent Music Entertainment Group ("TME") is the leading online music entertainment platform in China. We offer online music and music-centric social entertainment services with the four famous music mobile apps in China - QQ Music, Kugou Music, Kuwo Music and WeSing – to over 800 million highly diverse and engaged users.

We offer a comprehensive suite of online music entertainment products, which allows users to enjoy a broad range of engaging and entertaining music experiences, including discovering, listening, singing, watching, performing and socializing. With different music entertainment services fully integrated into one platform, users not only listen to music on our platform, but also sing karaoke with friends or watch live performance.
We have a comprehensive and diverse central music library with an extensive selection of albums and live music available in both audios and video formats. Given our competitive strengths and our leading position as a pioneer for copyright protection in China, we expand our strategic partnerships with well-known domestic and international music labels. Our music content library is complemented by diverse user-generated content on our platform, including online karaoke songs, short videos, live streaming of music performances and much more.

Our technology and data enable us to develop innovative products that provide superior user experiences and drive user engagement and empower artists as well as content partners to produce, distribute, protect and monetize their music.

We will continue to use technology to elevate the role of music in people's lives, by enabling them to create, enjoy, share and interact with music.

Milestones

2003

QQ launched online music services
2004

Kugou Music launched
2005

QQ Music and Kuwo Music launched
2014

China Music Corporation acquired Kugou

WeSing launched
2013

China Music Corporation acquired Kuwo

Kuwo Live launched
2012

Kugou Live (formerly known as Kugou Fanxing) launched
2016

TME created from the combination of Tencent's online music business in China and China Music Corporation
2017

Tencent Musician Program launched

TME acquired Ultimate Music

TME and Spotify announced a share swap
2018

TME and Sony Music launched electronic dance music label, Liquid State

Tencent Music Nonprofit Program launched

Sony Music and Warner Music made strategic investments in TME

TME listed on the NYSE
2021

Acquisition of 100% equity of lazy audio

Announced leadership changes

Announced the updating of organization structure and the establishment of "content line of business"，established "dual engine content-and-platform" strategy

Launched LYRA LAB, our dedicated audio and video lab
2020

Launched TME live, which is an innovative performance brand

Launched Tencent music art program

Officially unveiled future strategy for long-form audio and launched "kuwo listening"
2019

Held the first Tencent Music Entertainment Awards (TMEA)
2022

TME listed on the SEHK

Launched Venus, our all-in-one music production and promotion destination

Reached strategic collaborations with Billboard
2023

Reached the milestone of 100 million online music paying users

Held the first signature music events " Wave Music Awards"

Corporate Culture

1
Mission & Vision

Create endless possibilities with music and technology
1. Committed to driving technological innovations to provide best-in-class music entertainment experiences for our users;
2. Committed to upholding the value of content by working alongside musicians and content creators to create value through mutual support;
3. Committed to growing with our employees by providing a platform to help them succeed;
4. Committed to our corporate responsibilities to drive the healthy development of the music industry;
5. Committed to our social responsibilities to create sustainable value for society through innovation.
2
Core Values

ITME
1. I=Integrity
2. T=Teamwork
3. M=Motivation
4. E=Excellence
3
Code of Conduct

TME Code of Conduct & Yangguang Code of Conduct

Mission & Vision
Core Values
Code of Conduct

Create endless possibilities with music and technology
1. Committed to driving technological innovations to provide best-in-class music entertainment experiences for our users;
2. Committed to upholding the value of content by working alongside musicians and content creators to create value through mutual support;
3. Committed to growing with our employees by providing a platform to help them succeed;
4. Committed to our corporate responsibilities to drive the healthy development of the music industry;
5. Committed to our social responsibilities to create sustainable value for society through innovation.
ITME
1. I=Integrity
2. T=Teamwork
3. M=Motivation
4. E=Excellence
TME Code of Conduct & Yangguang Code of Conduct

Industry Recognition

Tencent Music Entertainment Group won five transform Awards

In January 2021, the transform Awards (Asia Pacific region) award ceremony was hosted by transform magazine, a global authoritative brand development and remodeling magazine, was held. Among them, Tencent Music Entertainment Group won five awards, including the "best overall visual identity Award" for its renewed fourth anniversary brand "THE WINGS" project with equal emphasis on creativity and connotation.
Tencent Music Entertainment Group's "Music Garden Space" program won the Case of the Year award of the people's Corporate Social Responsibility Award.

On December 27, 2019, the People's Corporate Social Responsibility Forum and the 14th people's corporate social responsibility award ceremony hosted by People's daily online were held in the new media building of the People's Daily. Tencent Music Entertainment Group's "Music Garden Space" won the Case of the Year Award of the 14th people's Corporate Social Responsibility Award.
Tencent Musician Program's The Force awarded Most Watched Music Industry Initiative of the Year

On June 30, 2018, the music community, including artists, producers, journalists and experts, joined the grand opening ceremony of the China Music Media Awards Ceremony. The Force, a Tencent Musician Program initiative focusing on promoting original music content creators, won the Most Watched Music Industry Initiative of the Year award on the back of its strong industry engagement and reputation, as well as tremendous support for original musicians in China.
TME wins Most Influential Enterprise in China's Digital Music Industry Award at the 2018 China Music Awards

On April 15, 2018, TME won the Most Influential Enterprise in China's Digital Music Industry Award at the 2018 China Music Awards, a leading awards ceremony celebrating China's music industry achievements. TME has dedicated itself to the development of China's music industry by promoting copyright protection, building an open copyright ecosystem, grooming musicians and encouraging music creation, and exporting Chinese music culture overseas. In the process, TME has improved global recognition for Chinese music.
TME wins Company of Ingenuity Award at 2017 People's Ingenuity Awards ceremony

On January 15, 2018, TME won the Company of Ingenuity Award at the 2017 People's Ingenuity Awards Ceremony held at the new media building of the People's Daily. The award recognized many of the company's significant contributions in 2017, which included building an open copyright ecosystem, supporting original music, promoting international music culture exchanges, and exploring innovative business models. From developing a single music playing software to introducing an innovative comprehensive music entertainment strategy, TME has grown together with China's digital music industry and continuously improved its products and services based on user needs and preferences to provide high-quality music entertainment experiences.
TME wins Contributor of the Year Award at 5th International China Music Industry Conference

On December 15, 2017, TME received the 2017 Contributor of the Year Award at the 5th International China Music Industry Conference. Accredited by the industry and government authorities such as the National Copyright Administration of China, the award was granted to TME in recognition of its efforts in 2017 to build an open copyright ecosystem, support original music, promote the exchange of international music culture exchange, and explore innovative business models.