Tencent Music Entertainment Admits Regulatory Pressure After Delivering Solid Q1 Performance
Chinese streaming giant Tencent Music Entertainment (TME) confirmed on Tuesday that it is facing heightened scrutiny from antitrust regulators after reporting better-than-expected first quarter financial results the previous day.
According to a Reuters report last month, the Chinese government is planning to slap a substantial fine o…
Keep reading with a 7-day free trial
Subscribe to Pandaily to keep reading this post and get 7 days of free access to the full post archives.