Tencent Music Entertainment TME
NYSE TME
$7.75 -0.03 (-0.39%)
At close: Sep 18, 2026 · 4:00 PM EDT

Tencent Music Entertainment (TME) Acquisitions (2021 - 2022)

Tencent Music Entertainment's (TME) quarterly Acquisitions came in at -$27.9 million in Q2 2022, down 5910.13% year-over-year from $480248.5 in Q2 2021, and down 1032.08% quarter-over-quarter from $3.0 million in Q1 2022.

Analysis

Tencent Music Entertainment (TME) Acquisitions (2021 - 2022) Analysis & Trends

Tencent Music Entertainment has disclosed Acquisitions across 2 years of filings, most recently posting -$27.9 million for Q2 2022.

  • In Q2 2022, Acquisitions fell 5910.13% year-over-year to -$27.9 million; the TTM figure through Jun 2022 stood at -$345.0 million (changed N/A YoY), while the FY2021 annual figure was -$325.0 million, down 298.88% from the prior year.
  • Acquisitions came in at -$27.9 million for Q2 2022 at Tencent Music Entertainment, down from $3.0 million in the prior quarter.
  • In the past five years, Acquisitions ranged from a high of $3.0 million in Q1 2022 to a low of -$319.6 million in Q1 2021.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Acquisitions (Qtr)
1 Netflix 298.93 Bn 289.80 Bn 6.52 Bn -
2 Spotify Technology 104.93 Bn 94.01 Bn 1.86 Bn -
3 Tencent Music Entertainment 12.20 Bn 9.10 Bn 582.00 Mn -
4 FuboTV 1.09 Bn 3.01 Bn 399.10 Mn -
5 iQIYI 974.56 Mn 490.38 Mn 152.37 Mn -
6 Huya 920.96 Mn 560.70 Mn 37.58 Mn -
7 Mega Matrix 211.73 Mn 204.42 Mn 3.03 Mn -
8 Kaltura 203.35 Mn 172.05 Mn 34.54 Mn -
9 CuriosityStream 164.31 Mn 115.92 Mn 16.93 Mn -
10 Cineverse 50.40 Mn 46.08 Mn 10.66 Mn 1.53 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2022 -27.90 Mn
Mar 31, 2022 2.99 Mn
Jun 30, 2021 -464,267.19
Mar 31, 2021 -319.65 Mn