Compare · SPOT vs TME
SPOT vs TME
Side-by-side comparison of Spotify Technology S.A. (SPOT) and Tencent Music Entertainment Group (TME): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both SPOT and TME operate in Broadcasting (Consumer Discretionary), so they compete in similar markets.
- SPOT is the larger of the two at $126.13B, about 8.9x TME ($14.20B).
- Over the past year, SPOT is down 4.9% and TME is down 51.8% - SPOT leads by 46.8 points.
- SPOT has been more active in the news (9 items in the past 4 weeks vs 4 for TME).
- Both have 25 recent analyst ratings on file.
- Company
- Spotify Technology S.A.
- Tencent Music Entertainment Group
- Price
- -
- -
- Market cap
- $126.13B
- $14.20B
- 1M return
- +14.99%
- +4.34%
- 1Y return
- -4.94%
- -51.75%
- Industry
- Broadcasting
- Broadcasting
- Exchange
- NYSE
- NYSE
- IPO
- 2018
- 2018
- News (4w)
- 9
- 4
- Recent ratings
- 25
- 25
Spotify Technology S.A.
Spotify Technology S.A., together with its subsidiaries, provides audio streaming services worldwide. It operates in two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers. The Ad-Supported segment provides on-demand online access to its catalog of music and unlimited online access to the catalog of podcasts to its subscribers with no subscription fees. The company also offers sales, marketing, contract research and development, and customer support services. As of December 31, 2020, its platform included 345 million monthly active users and 155 million premium subscribers in 93 countries and territories. The company was founded in 2006 and is based in Luxembourg, Luxembourg.
Tencent Music Entertainment Group
Tencent Music Entertainment Group operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People's Republic of China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover and listen to music in personalized ways; and WeSing, which enables users to have fun by singing and interacting with friends, sharing their singing performances with friends, and discovering songs that others have sung. The company also operates Kugou Music, Kuwo Music, WeSing, QQ Music, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with those interested in their performance; and Kuwo Changting, an audio platform that offers users various audio content, including audio books, cross-talks, radio dramas, and other entertainment. In addition, it sells music-related merchandise, including Kugou headsets, smart speakers, WeSing karaoke microphones, and Hi-Fi systems; and offers online music event ticketing services, as well as services to smart device and automobile makers to build and operate music services on devices and vehicles. Tencent Music Entertainment Group has a strategic partnership with China Literature. The company was formerly known as China Music Corporation. The company was incorporated in 2012 and is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.
Latest SPOT
- Co-Chief Executive Officer Soderstrom Gustav covered exercise/tax liability with 117 units of Ordinary Share, decreasing direct ownership by 0.59% to 19,792 units (SEC Form 4) to satisfy tax liability
- Chief Human Resources Officer Lundstrom Anna covered exercise/tax liability with 249 units of Ordinary Share, decreasing direct ownership by 2% to 16,005 units (SEC Form 4) (withholding tax)
- Co-Chief Executive Officer Norstrom Alex covered exercise/tax liability with 809 units of Ordinary Share, decreasing direct ownership by 1% to 64,347 units (SEC Form 4) (tax liability)
- Chief Financial Officer Luiga Christian covered exercise/tax liability with 105 units of Ordinary Share, decreasing direct ownership by 1% to 8,712 units (SEC Form 4) to cover taxes
- Chief Public Affairs Officer Jenkins Dustee covered exercise/tax liability with 427 units of Ordinary Share, decreasing direct ownership by 1% to 40,580 units (SEC Form 4) (tax liability)
- Chief Accounting Officer Giraldo John P covered exercise/tax liability with 14 units of Ordinary Share, decreasing direct ownership by 0.77% to 1,796 units (SEC Form 4) to satisfy withholding tax
- SEC Form 6-K filed by Spotify Technology S.A.
- SEC Form 6-K filed by Spotify Technology S.A.
- Spotify Technology S.A. Releases Results for Third Quarter 2026
- Co-Chief Executive Officer Soderstrom Gustav sold $11,085,113 worth of Ordinary Share (20,910 units at $530.13) as part of a pre-agreed trading plan (SEC Form 4)
Latest TME
- JJ Lin, Tia Ray & Lil Ghost Take the Formula 1 Singapore Grand Prix Stage With Support From TME
- SEC Form 4 filed by Tencent Music Entertainment Group
- SEC Form 4 filed by Tencent Music Entertainment Group
- SEC Form 4 filed by Tencent Music Entertainment Group
- SEC Form 6-K filed by Tencent Music Entertainment Group
- Tencent Music Entertainment Group to Report Third Quarter 2026 Financial Results on November 17, 2026
- Group Vice President Pan Tsai-Chun exercised 155,320 units of American Depositary Shares at a strike of $3.86, increasing direct ownership by 4% to 4,236,706 units (SEC Form 4)
- SEC Form 6-K filed by Tencent Music Entertainment Group
- SEC Form 6-K filed by Tencent Music Entertainment Group
- Tencent Music Entertainment Group Announces Closing of US$1,000 Million Notes Offering