Tencent Music Entertainment Group (TME),hairy moms sex videos the music streaming arm of Chinese tech giant Tencent, reported Q1 2025 revenue of RMB 7.36 billion ($1.01 billion), an 8.7% increase year-over-year, driven by a surge in online music subscriptions. Revenue from music services rose nearly 16% to RMB 5.8 billion ($800 million), while social entertainment revenue declined to RMB 1.55 billion ($220 million) from RMB 1.76 billion ($240 million). The drop in social entertainment revenue is attributed to the removal of certain live-streaming features to comply with Beijing’s anti-gambling regulations. The company added 1.9 million music subscribers during the quarter, reaching 122.9 million paid users. TME plans to continue investing in content partnerships, product upgrades, and live events to expand engagement in China’s competitive streaming market. [TME]
Related Articles
2025-06-27 01:57
2434 views
Elon Musk told Donald Trump what to do about the Paris Climate Agreement
The Trump administration may finally be nearing a decision on whether to stay in the Paris Climate A
Read More
2025-06-27 01:36
1707 views
George R.R. Martin confirms 'The Winds of Winter' will not be a happy book
LONDON -- Guess what, Game of Thronesfans? The Winds of Winter, if you can believe it, is not going
Read More
2025-06-27 00:51
597 views
When no one bought this mom's crafts, Twitter stepped up to help
Sometimes you just need a little help from the internet. Martyn Hett, a 28-year-old from Manchester,
Read More