LYFT Inc vs Tencent Music Entertainment Group - ADR — how do they compare? LYFT Inc trades at $17.5 (market cap $6.53B), while Tencent Music Entertainment Group - ADR trades at $8.68 (market cap $15.69B). The key difference: Tencent Music Entertainment Group - ADR is far larger — about 2.4× LYFT Inc's market cap, and Tencent Music Entertainment Group - ADR pays a 2.42% dividend while LYFT Inc pays none. Which is the better fit depends on your goals.
| LYFT | TME | |
|---|---|---|
Market Cap | $6.53B | $15.69B |
Sector | Industrials | Media |
52-Week High | $24.57 | $26.36 |
52-Week Low | $12.65 | $8.16 |
Enterprise Value | $6.00B | $12.45B |
Dividend Yield | — | 2.42% |
Trailing returns across standard periods
Latest headlines on both assets
Lyft is the second-largest ride-sharing service provider in the U.S., connecting riders and drivers over the Lyft app. Lyft recently entered the Canadian market in an effort to expand its market outside the U.S. Incorporated in 2013, Lyft offers a variety of rides via private vehicles, including traditional private rides, shared rides, and luxury ones. Besides ride-share, Lyft also has entered the bike- and scooter-share market to bring multimodal transportation options to users.
Read more on LYFT →TME is the largest online music service provider in China. It was founded in 2016 with the business combination of QQ Music (founded in 2005), Kuwo Music (founded in 2005) and Kugou Music (founded in 2004) streaming platforms. Tencent is the largest shareholder of TME with over 50% shares and over 90% voting rights held. TME also provides social entertainment services, including music live audio/video broadcasts and online concert services through the three platforms mentioned above, and online karaoke through an independent platform WeSing.
Read more on TME →