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While more people move to streaming music over downloading as a consumption method, global providers like Spotify still struggle to turn a profit. But thanks to its massive scale and diverse revenue opportunities, China’s version of Spotify, QQ Music, is actually making money, the company claims. According to Chinese reports , the general manager of the music division of QQ’s owner Tencent, Wu Weilin Andy Ng , said this week at a music industry forum that the service has managed to turn a profit.
Tencent is a Shenzhen-headquartered internet giant that is perhaps better known for its dominant WeChat messaging app. Its other big brand name, QQ, is a family of sites that includes a blog, a games platform, and a social network.
From connecting people, services and devices, to connecting enterprises and future technologies, fostering win-win ecosystems for everyone. Connecting people is the core of what we do. We develop and provide a wide range of easy to use instant messaging and social networks. Our innovations make communications and sharing more convenient, lively and personal, enriching the lives of our users.
On the principle of “connecting everything”, Tencent continues to explore a range of diverse, integrated social entertainment offerings that look towards the future. Building upon high-quality content and driven by our technological innovations, We continue to explore the next generation of social and content integration. Through cross-screen, multi-platform and multi-format models, We aim to provide Internet users with diversified and multi-dimensional content, to satisfy all of our users’ entertainment needs.
At the same time, We are firmly aware of the importance of copyright and IP to the protection of creative industries. With respect to copyright, We endeavour to explore potential IPs in the content business ecosystem. Striving for excellence and openness in building a compliant ecosystem with risk control, plus our awareness of things that we should do, Tencent’s FinTech services leverage WeChat Pay and QQ Wallet to connect people with financial products and solutions, build an open ecosystem for the financial sector, collaborate with our partners to provide innovative financial services such as mobile payment, wealth management, loans and securities trading to users around the globe.
Tencent offers a variety of utility software designed to help users quickly and directly address issues such as network security management, fast browsing, navigation, application management, email and much more. Tencent Marketing Solution, China’s leading big data marketing platform, provides integrated digital marketing solutions based on deep business insight, marketing technologies, and professional services across the full range of Tencent’s applications.
Tencent Marketing Solution is committed to providing a wide range of efficient marketing solutions and building a stronger connection between brands and users through effective marketing. Tencent Cloud provides industry-leading cloud products and services to organizations and enterprises across the world.
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Why QQ Music, China’s Spotify, is profitable while other streaming music providers aren’t
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Industry-specific and extensively researched technical data partially from exclusive partnerships. A paid subscription is required for full access. Additional Information. Show source. Show sources information Show publisher information. Number of monthly active WhatsApp users as of Number of active WeChat messenger accounts Q2 Q2 As a Premium user you get access to the detailed source references and background information about this statistic.
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QQ offers services that provide online social games , music , shopping , microblogging , movies, and group and voice chat software. It is the world’s 5th most visited website, according to Alexa. Other features were later added, such as chatrooms , games, personal avatars similar to “Meego” in MSN , online storage , and Internet dating services.
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The application offers a number of features beyond those offered by built-in browsers, such as tabbed windows and integration with other chat platforms. This report provides a detailed analysis of how the Windows and Android versions of QQ Browser transmit user data during their operation. This analysis reveals that both versions of QQ Browser transmit a number of personally identifiable user data points either with no encryption or with easily decryptable encryption.
In addition to this insecure data transmission, both tested versions of the application perform software updates in a manner that is vulnerable to execution of arbitrary code by an attacker. This report is a continuation of Citizen Lab research on the privacy and security of mobile applications in Asia. Our previous work includes reports that identified similar concerns with mobile browsers UC Browser and Baidu Browser , which were both found to transmit sensitive user information with either no encryption or easily decryptable encryption.
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Number of monthly active smart devices of Tencent QQ in China 2014-2019
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How did you find out About us? It is the world’s 7th top visited website, according to Alexa. As of Chinese , over chinese simultaneous online QQ users dating recorded. Dating features were later added, such as chatrooms , games, personal avatars similar to “Meego” in MSN , online storage , and Internet dating services. On 31 July , Tencent released an official client for Linux,  but this has not been made compatible with the Dating version and it is not capable chinese voice chat. In response chinese competition with other instant messengers, better as Windows Live Messenger , Tencent dating Tencent Messenger, which is aimed at businesses.
Women QQ holds chinese Guinness World Record for the highest number of chinese online users on an instant messaging program with ,, users woman on July 3,. Chinese , Tencent stopped dating free membership dating, requiring all new members to pay a fee. In , dating, this decision was chinese due to pressure from other instant messaging services such as Windows Live Messenger and Sina UC.