Tencent Music reports strong Q2 earnings, eyes growth in longform audio and Kpop partnerships

News Source : TechNode
News Summary
- Tencent Music Entertainment Group on August 12 reported revenue of RMB 8.44 billion ($1.16 billion) in the second quarter of 2025.
- The figure marked a 17.9% year-on-year increase, significantly higher than Tencent’s growth in the previous quarter.
- On a non-IFRS basis, net profit attributable to shareholders rose 37.4% to RMB 2.57 billion ($0.33 billion) Tencent Music is accelerating its push into long-form audio as part of a broader content strategy.
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