Tencent Music's Q3 revenue beats estimates as paid subscribers increase 46%

Tencent Music's Q3 revenue beats estimates as paid subscribers increase 46%

REUTERS/Bryan R Smith

China’s Tencent Music Entertainment Group reported on Tuesday a better-than-expected quarterly revenue as it added more paying users to its music streaming service, at a time when people are largely homebound due to the COVID-19 pandemic.

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