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 is the largest music corporation globally, primarily engaged in the recording, publishing, and merchandising of music. The company discovers and develops talented songwriters and recording artists, managing an extensive portfolio that includes numerous renowned record labels such as Interscope, Capitol Music, Motown Records, and Def Jam. Universal's recorded music segment constitutes the majority of its revenue, featuring successful artists like Taylor Swift, Drake, The Weeknd, and Morgan Wallen. Additionally, the company owns and administers copyrights for musical compositions, facilitating their use in recordings, public performances, films, and advertisements. Universal Music Group also markets artist and music-branded products through various channels, including online platforms, retail outlets, and live events, effectively reaching fans around the world.

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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