Snowflake Inc vs Tencent Music Entertainment Group - ADR — how do they compare? Snowflake Inc trades at $271.99 (market cap $95.09B), while Tencent Music Entertainment Group - ADR trades at $9.16 (market cap $15.08B). The key difference: Snowflake Inc is far larger — about 6.3× Tencent Music Entertainment Group - ADR's market cap, and Tencent Music Entertainment Group - ADR pays a 2.62% dividend while Snowflake Inc pays none. Which is the better fit depends on your goals.
| SNOW | TME | |
|---|---|---|
Market Cap | $95.09B | $15.08B |
Sector | Technology | Media |
52-Week High | $280.16 | $26.36 |
52-Week Low | $121.11 | $8.16 |
Enterprise Value | $94.90B | $11.85B |
Dividend Yield | — | 2.62% |
Trailing returns across standard periods
Founded in 2012, Snowflake is a data lake, warehousing, and sharing company that came public in 2020. To date, the company has over 3,000 customers including nearly 30% of the Fortune 500 as its customers. Snowflake's data lake stores unstructured and semistructured data that can then be used in analytics to create insights stored in its data warehouse. Snowflake's data sharing capability allows enterprises to easily buy and ingest data almost instantaneously compared with a traditionally months-long process. Overall, the company is known for the fact that all of its data solutions that can be hosted on various public clouds.
Read more on SNOW →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 →