Wednesday , December 2 2020

Tencent Music has listed in the United States, creating billionaires in the music field

Share to WeChat

Open WeChat and click "Discover" at the bottom.
Use Sweep to share your web pages with your friends.

First funding2018-12-12 23:18:02

Tencent Music has listed in the United States, creating billionaires in the music field

The "Tencent Music Listing" news has been circulating for almost a year. On December 12, Tencent Music finally played the clock at NYSE and is the first online music entertainment platform in China to go to the public in the United States.

The stock code is "TME" and the price of the issue is US $ 13. Based on a $ 13 issue price, the proposed fund is US $ 1,066 million and the valuation is US $ 21.3 billion.

Online music that pays a user2490ten thousand

Tencent Music has four main parts: QQ Music, Cool Dog, Cool Me and National K Song.

In the first three quarters of 2018, Tencent Music Entertainment Group realized revenue of 13,588 billion yuan, a net profit of 2.707 billion yuan, and a profit to adapt from 3.257 billion yuan.

From September 30, the Tencent Music Entertainment Group had 24.9 million users who paid online music, a pay rate of 3.8%, users who paid social entertainment of 9.9 million, and a pay rate of 4.4% .

In the third quarter of 2018, the total number of monthly users was more than 800 million, and the average daily user usage time was more than 70 minutes.

The last "Tencent Department" this year

According to public information, Tencent Music will also be the last company to enter the capital market in "Tencent Department" in 2018.

According to media statistics, this year, the new shares of Tencent Capital have reached a total of 16 in the Hong Kong stock market and US stock market.

Among them, Xiaomi Group, Yingke, Mei Tuan Comments, etc. in the Hong Kong stock market, such as iQiyi, fun headlines, multi-player, Weilai, Mushroom Street, etc. in the US stock market.

Due to the end of Beijing on 11 December, the total capitalization of these 15 companies (with the exception of Tencent Music), in which Tencent participates, has passed RMB 1,050 billion.

Create billionaires in the music field

In terms of individual shareholding, all senior managers and board members held a total of 8.4%, co-president and cold founder of Xie Zhenyu 4.2% held the co-president and music founder morol Xie Guomin 4%.

Tencent Music has listed or created hundreds of billionaires in the music field, and has changed the "music poverty" strangely.

Editor: Zhou Haitao

Source link