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RE: LeoThread 2025-07-01 12:43

in LeoFinance3 months ago

Part 1/5:

Spotify vs. Tencent Music: The Growing Music Streaming Landscape

In the competitive world of music streaming, Spotify has carved out a considerable niche with an impressive 180 million monthly active users. However, Tencent Music Entertainment, which recently filed for an IPO in the United States, dwarfs that number with an astounding 800 million monthly active users in China. This bold move highlights the potential for substantial growth in the music streaming market, particularly in Asia.

Understanding Tencent Music's Business Model