Tencent Music Entertainment Group

Tencent Music Entertainment Group (TME) is the leading online music entertainment platform in China, formed in 2016 through the merger of QQ Music, Kuwo Music, and Kugou Music. The company operates the top four music mobile applications in the country, catering to a diverse user base with over 800 million monthly active users. TME offers a comprehensive suite of services, including online music streaming, karaoke, and music-centric live streaming, all designed to enhance user engagement. The platform integrates social interactions such as sharing, liking, commenting, and virtual gifting, which complement the core music experience. This focus on social connectivity not only enriches the listening experience but also increases user retention and engagement across its services. Tencent holds a majority stake in TME, ensuring significant influence over its operations and direction.

TC Pan

Group Vice President

Past deals in Streaming

Universal Music Group

Secondary Market in 2020
Universal Music Group (UMG) is the world's leading music entertainment company. It discovers, develops, and promotes recording artists and songwriters globally. UMG's core business involves recording, publishing, and merchandising music. It owns and administers copyrights to musical compositions, licensing them for various uses such as recordings, public performances, films, and advertisements. Additionally, UMG sells artist and music-branded products through diverse sales channels, including online platforms, fashion retail, and live performances. UMG houses over a dozen record labels, including Interscope, Capital Music, Motown Records, and Def Jam, representing a vast roster of successful artists like Taylor Swift, Drake, The Weeknd, and Morgan Wallen.

Douban FM

Corporate Round in 2019
Douban FM hopes to help users explore some unknown music that may be of interest to them, and multi-dimensional and human intervention algorithms are very important. Douban FM has been in existence for 10 years since its launch in 2009, and has accumulated a lot of user data. In addition, based on the premise of Douban FM and Douban main account interoperability, FM will also capture the user's data in the book audio and video to form a multi-dimensional recommendation.

Ultimate Music

Series A in 2017
Ultimate Music is a digital music content and service integrator based in Shenzhen, China, operated by Tencent Music Entertainment Group. The company focuses on providing music integration services and specializes in B-side music, helping partners create industry-leading music solutions. Ultimate Music works with various smart devices and automobile manufacturers to develop built-in music players, ensuring users have access to high-quality music experiences across different scenarios.
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