China's Tencent Music beats profit estimates as content push brings in listeners

China's Tencent Music beats profit estimates as content push brings in listeners

FILE PHOTO: A Tencent logo is seen in Beijing, China September 4, 2020. REUTERS/Tingshu Wang/File Photo

China’s Tencent Music Entertainment Group beat analysts’ estimates for third-quarter profit on Monday, as efforts to bolster content attracted more paying users to its Spotify-like music streaming platform.