Tencent Music Entertainment Group - ADR vs VNET Group Inc — how do they compare? Tencent Music Entertainment Group - ADR trades at $8.65 (market cap $16.09B), while VNET Group Inc trades at $7.51 (market cap $2.14B). The key difference: Tencent Music Entertainment Group - ADR is far larger — about 7.5× VNET Group Inc's market cap, and Tencent Music Entertainment Group - ADR pays a 2.75% dividend while VNET Group Inc pays none. Which is the better fit depends on your goals.
| TME | VNET | |
|---|---|---|
Market Cap | $16.09B | $2.14B |
Sector | Media | Technology |
52-Week High | $26.36 | $14.03 |
52-Week Low | $8.16 | $6.29 |
Enterprise Value | $14.05B | $5.29B |
Dividend Yield | 2.75% | — |
Trailing returns across standard periods
Latest headlines on both assets
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 →VNET Group, formerly 21Vianet, is a leading carrier-neutral data center services provider in China. It operates a dual-core strategy: a large-scale retail business serving over 7,000 enterprise customers and an aggressive wholesale segment (Hyperscale 2.0) designed to meet the high-density power and cooling demands of large-scale AI and cloud platforms.
Read more on VNET →