Tencent Music Entertainment Group (TME) reported a 27.2% year-on-year rise in revenue from online music services in the third quarter of 2025, reaching RMB6.97 billion (US$979 million). Music subscription revenue grew 17.2% to RMB4.5 billion (US$632 million), driven by higher ARPPU and expansion of its SVIP membership program…
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