MUSIC STREAMING USER GROWTH COMPETITION

Apr 04 2026BUSINESS

Tencent Music Beats the Crowd but Faces a New Rival

The biggest name in Chinese music streaming is still leading the pack, pulling in around 528 million monthly users and earning a full billion dollars from its services last quarter. Its main rival, NetEase, made only about 282 million dollars in the same period, showing how far ahead Tencent Music s

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