SoFi Technologies Inc vs Tencent Music Entertainment Group - ADR — how do they compare? SoFi Technologies Inc trades at $17.64 (market cap $21.82B), while Tencent Music Entertainment Group - ADR trades at $9.16 (market cap $15.08B). The key difference: SoFi Technologies Inc is the larger of the two by market cap, and Tencent Music Entertainment Group - ADR pays a 2.62% dividend while SoFi Technologies Inc pays none. Which is the better fit depends on your goals.
| SOFI | TME | |
|---|---|---|
Market Cap | $21.82B | $15.08B |
Sector | Financials | Media |
52-Week High | $32.21 | $26.36 |
52-Week Low | $15.15 | $8.16 |
Enterprise Value | — | $11.85B |
Dividend Yield | — | 2.62% |
Trailing returns across standard periods
Latest headlines on both assets
SoFi is a financial services company that was founded in 2011 and is currently based in San Francisco. Initially known for its student loan refinancing business, the company has expanded its product offerings to include personal loans, credit cards, mortgages, investment accounts, banking services, and financial planning. The company intends to be a one-stop shop for its clients' finances and operates solely through its mobile app and website. Through its acquisition of Galileo in 2020 the company also offers payment and account services for debit cards and digital banking.
Read more on SOFI →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 →