Tencent Music Entertainment Group: Q2 2026 revenue rose 6% to RMB 8.9B, with strong IP and Ximalaya-driven growth
Tencent Music Entertainment Group reported a 6% revenue growth in Q2 2026, reaching RMB 8.9 billion, primarily driven by music services and the integration of Ximalaya. The company saw strong performance in IP-related offerings, live events, and merchandise, while maintaining a stable gross margin. …