Is Tencent Music Undervalued? Undervalued, Strength To Be Developed!
Tencent Music Entertainment (TME) is a leading online music platform in China, with over 800 million monthly active users. The company operates several popular music streaming services, including QQ Music, Kugou Music, and Kuwo Music. Despite its dominant market position and strong financial performance, some investors believe that Tencent Music is undervalued. In this article, we will examine the factors that contribute to this perception and evaluate whether Tencent Music is indeed undervalued.