$Tencent Music(TME)$ boasts 800M monthly active users with a low-cost SaaS model and solid profits. After years of heavy spending, it’s now a clear oligopoly，TME holds 70%, $NetEase(NTES)$ Cloud 20%. Now? Just sit back and cash in. No wonder the stock keeps climbing!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
