NetEase Inc vs Tencent Music Entertainment Group - ADR — how do they compare? NetEase Inc trades at $134.95 (market cap $86.14B), while Tencent Music Entertainment Group - ADR trades at $9.16 (market cap $15.08B). The key difference: NetEase Inc is far larger — about 5.7× Tencent Music Entertainment Group - ADR's market cap, and Tencent Music Entertainment Group - ADR pays the higher dividend (2.62%). Which is the better fit depends on your goals.
| NTES | TME | |
|---|---|---|
Market Cap | $86.14B | $15.08B |
Sector | Media | Media |
52-Week High | $159.34 | $26.36 |
52-Week Low | $109.26 | $8.16 |
Enterprise Value | $62.61B | $11.85B |
Dividend Yield | 2.25% | 2.62% |
Trailing returns across standard periods
NetEase, which started on an internet portal service in 1997, is a leading online services provider in China. Its key services include online/mobile games, cloud music, media, advertising, email, live streaming, online education, and e-commerce. The company develops and operates some of the China's most popular PC client and mobile games, and it partners with global leading game developers, such as Blizzard Entertainment and Mojang (a Microsoft subsidiary).
Read more on NTES →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 →