China's Tencent Music Entertainment Group on Monday missed quarterly revenu...
FILE PHOTO: Tencent Music Entertainment celebrate the company's IPO on the floor of the New York Stock Exchange in New York, U.S., December 12, 2018. REUTERS/Bryan R Smith/File Photo
Monthly average revenue per user from its social entertainment services rose 16.5% to 130.2 yuan , the slowest growth since it went public in December last year. Overall revenue rose to 5.90 billion yuan from 4.50 billion yuan a year earlier, but missed estimates of 5.95 billion yuan, according to IBES data from Refinitiv.
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