Tencent Music Entertainment, the music division of the Chinese tech giant Tencent, was developing steadily with a high profitability in China. As of the second quarter of 2024, the monthly average revenue per paying user (ARPPU) of its social entertainment services was 73.2 yuan, significantly down compared to the same period in the previous year.
Monthly average revenue per paying user (ARPPU) of Tencent Music users from 2nd quarter 2023 to 2nd quarter 2024, by service type
(in yuan)
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Tencent Music Entertainment. (August 13, 2024). Monthly average revenue per paying user (ARPPU) of Tencent Music users from 2nd quarter 2023 to 2nd quarter 2024, by service type (in yuan) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1110066/china-tencent-music-monthly-average-revenue-per-paying-user-by-service-type/
Tencent Music Entertainment. "Monthly average revenue per paying user (ARPPU) of Tencent Music users from 2nd quarter 2023 to 2nd quarter 2024, by service type (in yuan)." Chart. August 13, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1110066/china-tencent-music-monthly-average-revenue-per-paying-user-by-service-type/
Tencent Music Entertainment. (2024). Monthly average revenue per paying user (ARPPU) of Tencent Music users from 2nd quarter 2023 to 2nd quarter 2024, by service type (in yuan). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1110066/china-tencent-music-monthly-average-revenue-per-paying-user-by-service-type/
Tencent Music Entertainment. "Monthly Average Revenue per Paying User (Arppu) of Tencent Music Users from 2nd Quarter 2023 to 2nd Quarter 2024, by Service Type (in Yuan)." Statista, Statista Inc., 13 Aug 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1110066/china-tencent-music-monthly-average-revenue-per-paying-user-by-service-type/
Tencent Music Entertainment, Monthly average revenue per paying user (ARPPU) of Tencent Music users from 2nd quarter 2023 to 2nd quarter 2024, by service type (in yuan) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1110066/china-tencent-music-monthly-average-revenue-per-paying-user-by-service-type/ (last visited November 10, 2024)
Monthly average revenue per paying user (ARPPU) of Tencent Music users from 2nd quarter 2023 to 2nd quarter 2024, by service type (in yuan) [Graph], Tencent Music Entertainment, August 13, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1110066/china-tencent-music-monthly-average-revenue-per-paying-user-by-service-type/
