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 $113.74B, about 8.3x TME ($13.76B).
- Over the past year, SPOT is down 20.7% and TME is down 66.7% - SPOT leads by 46.0 points.
- SPOT has been more active in the news (13 items in the past 4 weeks vs 7 for TME).
- Both have 25 recent analyst ratings on file.
- Company
- Spotify Technology S.A.
- Tencent Music Entertainment Group
- Price
- -
- -
- Market cap
- $113.74B
- $13.76B
- 1M return
- +11.73%
- -6.24%
- 1Y return
- -20.72%
- -66.75%
- Industry
- Broadcasting
- Broadcasting
- Exchange
- NYSE
- NYSE
- IPO
- 2018
- 2018
- News (4w)
- 13
- 7
- 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
- SEC Form 6-K filed by Spotify Technology S.A.
- Spotify Upsizes Share Repurchase Program by $1.5 Billion
- Chief Public Affairs Officer Jenkins Dustee sold $1,954,343 worth of Ordinary Share (3,810 units at $512.92) and exercised 1,722 units of Ordinary Share at a strike of $151.25, decreasing direct ownership by 5% to 39,828 units (SEC Form 4) (withholding obligation)
- Co-Chief Executive Officer Norstrom Alex sold $2,729,435 worth of Ordinary Share (5,436 units at $502.10) as part of a pre-agreed trading plan and exercised 5,436 units of Ordinary Share at a strike of $151.25 (SEC Form 4) (tax withholding)
- Co-Chief Executive Officer Soderstrom Gustav exercised 20,833 units of Ordinary Share at a strike of $151.25 and sold $10,567,336 worth of Ordinary Share (20,833 units at $507.24) as part of a pre-agreed trading plan, decreasing direct ownership by 0.00% to 20,142 units (SEC Form 4) to cover withholding tax
- Chief Human Resources Officer Lundstrom Anna covered exercise/tax liability with 443 units of Ordinary Share, decreasing direct ownership by 3% to 16,753 units (SEC Form 4) (tax withholding)
- Co-Chief Executive Officer Soderstrom Gustav covered exercise/tax liability with 117 units of Ordinary Share, decreasing direct ownership by 0.58% to 20,142 units (SEC Form 4) to satisfy withholding obligation
- Chief Financial Officer Luiga Christian covered exercise/tax liability with 315 units of Ordinary Share, decreasing direct ownership by 3% to 9,028 units (SEC Form 4) to satisfy withholding tax
- Co-Chief Executive Officer Norstrom Alex covered exercise/tax liability with 808 units of Ordinary Share, decreasing direct ownership by 1% to 66,773 units (SEC Form 4) to satisfy withholding obligation
- Chief Public Affairs Officer Jenkins Dustee covered exercise/tax liability with 559 units of Ordinary Share, decreasing direct ownership by 1% to 41,917 units (SEC Form 4) to satisfy withholding obligation
Latest TME
- The 2nd TMElive International Music Awards concluded, bringing together 34 Chinese and international acts to deliver a phenomenal global music celebration
- 2026 TME Chinese Music Impact Summit Held: Music IP and New Growth Paths for the Industry in the AI Era
- Amendment: SEC Form SCHEDULE 13G/A filed by Tencent Music Entertainment Group
- Tencent Music downgraded by Nomura with a new price target
- Tencent Music downgraded by China Renaissance with a new price target
- SEC Form 6-K filed by Tencent Music Entertainment Group
- Tencent Music Entertainment Group Announces Second Quarter 2026 Unaudited Financial Results
- SEC Form 6-K filed by Tencent Music Entertainment Group
- Tencent Music Entertainment Group to Report Second Quarter 2026 Financial Results on August 11, 2026
- SEC Form 6-K filed by Tencent Music Entertainment Group