Tencent Music Posts $1.18 Billion Q2 Revenue as Profit Rises 43% on Subscription Momentum and SVIP Surge
Tencent Music Entertainment Group, China’s dominant online music and audio platform, reported second-quarter 2025 revenue of $1.18 billion, up 17.9% year-over-year. The performance was powered by growth in online music services, particularly subscriptions and new SVIP premium offerings, while social entertainment services continued to decline. SVIP is Tencent Music’s “Super VIP” tier, a higher-priced premium […]
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