Tencent Music posts strong Q4 profit but flags key metrics shift

Tencent Music Entertainment Group (NYSE:TME) reported robust fourth-quarter earnings, driven by strong revenue growth in its online music business, but announced a change in disclosure of user metrics that sent its shares down more than 20% on Tuesday morning. Total revenue for Q4 2025 rose 15.9% year-on-year to RMB8.64 billion (US$1.24 billion), boosted by a 21.7% jump in online music services to RMB7.10 billion (US$1.02 billion).