Tencent Music Entertainment Group 6-K, filed May 18, 2026
Tencent Music Entertainment Group (TME)
About this 6-K
Tencent Music Entertainment Group filed this 6-K on May 18, 2026.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of May 2026
Commission file number: 001-38751
Tencent Music Entertainment Group
(Exact Name of Registrant as Specified in Its Charter)
Unit 3, Building D, Kexing Science Park
Kejizhongsan Avenue, Hi-Tech Park, Nanshan District
Shenzhen, 518057, the People’s Republic of China
Tel: +86-755-8601 3388
(Address of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Tencent Music Entertainment Group Announces Completion of Acquisition of Ximalaya Inc.
Tencent Music Entertainment Group (“TME,” or the “Company”) (NYSE: TME and HKEX: 1698), the leading online music and audio entertainment platform in China, today announced the completion of its acquisition of Ximalaya Inc. (“Ximalaya”), one of the leading online audio platforms in China.
As previously announced on June 10, 2025, the Company entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Ximalaya and certain other parties thereto to acquire Ximalaya. On May 18, 2026, the acquisition of Ximalaya was completed pursuant to the terms of the Merger Agreement, where the equity securities of Ximalaya held by the relevant shareholders and participants of Ximalaya’s employee stock ownership plans were cancelled in exchange for a merger consideration consisting of, subject to applicable adjustments, (1) cash in an aggregate amount of up to US$1,260,000,000 and (2) up to an aggregate amount of 175,288,891 Class A ordinary shares of the Company (including Class A ordinary shares newly issued by the Company upon closing, as well as Class A ordinary shares underlying equity-based awards granted by the Company).
Following the closing of the acquisition, Ximalaya has become a wholly-owned subsidiary of the Company.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Tencent Music Entertainment Group | |||||
| Date: | May 18, 2026 | By: | /s/ Cussion Kar Shun Pang | ||
| Name: Cussion Kar Shun Pang | |||||
| Title: Executive Chairman | |||||