Tencent Music Entertainment (TME): Chinese Version of Spotify Shows Strong Growth Prospects
Tencent Music Entertainment (TME), a subsidiary of Tencent Holdings is China’s largest music streaming services holding a market share of over 70%...
361 Views
The Music Industry’s Game Changer Seems to Have No Profits In Sight
Spotify, the Swedish music streaming company, helped turn around the global music industry at a time when illegal downloads and piracy were...
485 Views
IQ Weakening H2: Deceleration in Subscription Due to Content Restriction;Worsening Ad Demand TP= $12
We are seeing that iQIYI Inc (IQ US) is struggling to simultaneously grow paying both user and monthly ARPU. Current ARPU is ~12.7RMB (less than...
441 Views
Last Week in GER Research: Wuxi Biologics Placement, Budweiser APAC IPO, Slack and CIMC Direct
Below is a recap of the key IPO and fundamental research produced by the Global Equity Research team. This week we update on the placement by Wuxi...
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Tencent Music 1Q19 Results Quick Take and the Looming US$4.85bn Lock-Up Overhang
Tencent Music Entertainment (TME US) reported its 1Q19 results post US market closing. The reason I have been tracking the 1Q19 and the 4Q18...
596 Views