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-on-year from $480248.5 in Q2 2021, and down 1032.08% quarter-over-quarter from $3.0 million in Q1 2022.

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.

  • Acquisitions for Q2 2022 came in at -$27.9 million, down 5910.13% year-over-year; the trailing twelve-month figure through Jun 2022 was -$345.0 million (changed N/A YoY), and the FY2021 annual result 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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Acquisitions (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn -170.20 Mn
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn -
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn -
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn -
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn -
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn 446.95 Mn
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn -
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn 39.37 Mn
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn -
10 Tencent Music Entertainment 2.62 Bn 1.40 Bn 514.00 Mn -

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