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Automated Material Handling Equipment Market to Reach USD 86.1 Billion by 2036, Fueled by E-Commerce Expansion and Warehouse Automation

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NEWARK, Del., June 19, 2026 /PRNewswire/ — According to a comprehensive study by Future Market Insights (FMI), the global Automated Material Handling Equipment Market is poised for substantial growth, expanding from USD 41.4 billion in 2026 to USD 86.1 billion by 2036, registering a CAGR of 7.6% during the forecast period. The market is witnessing accelerated adoption as businesses invest in warehouse automation, robotic systems, and intelligent logistics infrastructure to improve efficiency, reduce labor dependency, and meet growing e-commerce fulfillment demands.

Warehouse Modernization Driving Automation Investments

The rapid rise of e-commerce and omnichannel retailing continues to reshape global supply chains, prompting warehouses and distribution centers to deploy advanced automation technologies. Automated Storage and Retrieval Systems (ASRS), conveyors, sortation systems, autonomous mobile robots (AMRs), and warehouse execution software (WES) are becoming critical tools for optimizing storage density, increasing throughput, and ensuring inventory accuracy.

As labor shortages and rising wage costs challenge operational efficiency, organizations are increasingly transitioning toward automated workflows capable of supporting high-volume logistics operations with minimal human intervention.

Get detailed market forecasts, competitive benchmarking, and pricing trends: https://www.futuremarketinsights.com/reports/sample/rep-gb-24264

Key Market Highlights

Metric

2026 Value

2036 Outlook

Global Market Valuation

USD 41.4 Billion

USD 86.1 Billion

CAGR (2026–2036)

7.6 %

Sustained Growth

ASRS Equipment Share

31.0 %

Leading Equipment Segment

Fixed Automation Share

44.0 %

Dominant Technology Type

Warehousing Application Share

36.0 %

Largest Application Segment

Unit Load Share

46.0 %

Leading Load Type

E-commerce End User Share

29.0 %

Highest Demand Contributor

Market Dynamics

E-Commerce Expansion and Fulfillment Modernization Drive Equipment Demand

The rapid expansion of e-commerce and omnichannel retail is accelerating demand for automated material handling solutions as warehouses face increasing order volumes, faster delivery expectations, and greater inventory complexity. According to FMI analysis, companies are investing in ASRS, conveyor systems, robotic sortation, and warehouse software to enhance efficiency and reduce labor dependence. Warehousing is expected to account for 36.0% of market demand in 2026, while rising real estate costs continue to drive adoption of high-density storage and vertical automation systems that maximize space utilization and operational productivity.

Technology Innovation Reshapes Warehouse and Manufacturing Operations

According to FMI research, advancements in artificial intelligence, machine learning, digital twins, warehouse execution software, and machine vision are transforming automated material handling operations. Technologies such as autonomous mobile robots (AMRs), automated guided vehicles (AGVs), and robotic picking systems are improving flexibility, efficiency, and real-time decision-making across warehouses and manufacturing facilities. While mobile robotics is gaining traction in retrofit projects, fixed automation remains dominant and is projected to account for 44.0% of technology demand in 2026 due to its effectiveness in supporting high-volume operations.

Strategic Investments Accelerate Market Expansion

FMI analysis indicates that growing investments in manufacturing expansion, robotics platforms, software development, and lifecycle services are accelerating market growth. Industry leaders are strengthening their capabilities through strategic partnerships, acquisitions, and capacity expansions to deliver integrated automation solutions. Recent initiatives by major automation providers highlight the increasing focus on end-to-end warehouse automation and digital transformation.

Competitive Landscape Evolves Toward Integrated Automation Ecosystems

The competitive environment is increasingly defined by vendors capable of delivering comprehensive automation solutions that combine hardware, software, controls engineering, and lifecycle support. According to FMI analysis, leading companies including Daifuku, Dematic, Honeywell Intelligrated, Toyota Industries, and SSI Schaefer continue to strengthen their positions through technological innovation and global service capabilities.

Competition is shifting beyond equipment performance toward operational outcomes. Buyers increasingly evaluate suppliers based on software integration capabilities, predictive maintenance solutions, digital simulation expertise, and long-term service support. Vendors capable of delivering seamless integration across storage, transportation, robotics, and warehouse execution systems are expected to gain a significant competitive advantage.

Regulatory Drivers

Government initiatives promoting manufacturing modernization, smart factories, and logistics digitization are accelerating automation adoption worldwide. According to FMI research, countries such as China, India, Germany, Japan, and the United States continue to support investments in advanced manufacturing and intelligent supply chain infrastructure.

Additionally, regulatory compliance is playing a growing role in equipment procurement. Organizations must meet stringent safety, operational, and cybersecurity standards, prompting increased investment in reliable and compliant automation solutions. FMI analysis indicates that these regulatory requirements will continue to shape technology adoption and equipment design across the industry.

Sustainability Standards Drive Technology Innovation

Environmental sustainability is emerging as a key consideration across the automated material handling ecosystem. Energy-efficient equipment, recyclable materials, carbon reduction initiatives, and circular economy principles are becoming important evaluation criteria for buyers.

Manufacturers are increasingly incorporating sustainability considerations into product development strategies to align with evolving environmental regulations and corporate ESG commitments.

Technical Ecosystem

Raw Materials

Manufacturing Technologies

Product Development

Distribution Channels

End-Use Industries

Market Revenue Generation

The automated material handling equipment ecosystem spans from raw material suppliers and component manufacturers to equipment producers, software developers, and system integrators. Advanced technologies such as AI, digital twins, machine vision, and warehouse execution software enhance product capabilities, while distribution networks connect solutions to industries including e-commerce, manufacturing, healthcare, automotive, and logistics. Together, these interconnected stages drive operational efficiency, technological innovation, and market revenue growth.

Market Bottlenecks

Supply Chain Disruptions Continue to Challenge Equipment Deployment

Despite strong growth prospects, supply chain volatility remains a persistent challenge for market participants. FMI research indicates that shortages of semiconductors, electronics, and specialized automation components can impact production schedules and project timelines.

Geopolitical tensions, transportation disruptions, and fluctuating commodity prices further complicate procurement strategies, creating uncertainty for manufacturers and end-users alike.

Integration Complexity Slows Adoption in Legacy Facilities

Technology integration remains a major barrier, particularly within brownfield facilities operating with legacy infrastructure. Existing warehouse layouts, aging software systems, and operational continuity requirements often complicate automation implementation efforts.

As a result, many organizations are adopting phased automation strategies that prioritize modular solutions such as AMRs and AGVs over large-scale facility redesigns.

High Capital Requirements Impact Investment Decisions

Automated material handling projects often require substantial upfront investment in equipment, engineering, software integration, commissioning, and workforce training. While long-term productivity benefits remain compelling, capital intensity continues to influence purchasing decisions, particularly among mid-sized enterprises operating under strict return-on-investment requirements.

Customize insights for your business strategy: https://www.futuremarketinsights.com/reports/brochure/rep-gb-24264

Future Outlook

According to FMI projections, the future of the automated material handling equipment market will be shaped by the integration of artificial intelligence, robotics, machine vision, predictive analytics, and cloud-based warehouse management systems. Autonomous warehouses, digital twins, and AI-powered control platforms are expected to enhance operational efficiency, visibility, and supply chain agility.

Asia Pacific is projected to remain the fastest-growing region, with India expected to expand at a CAGR of 10.8% through 2036, followed by China at 9.4%. Meanwhile, North America and Europe will continue to invest in warehouse modernization, advanced manufacturing, and fulfillment infrastructure.

Future investments are likely to focus on software intelligence, predictive maintenance, warehouse orchestration platforms, and lifecycle services, creating new opportunities for technology providers and automation suppliers.

FMI Custom Research: Strategic Intelligence for Confident Decision-Making

In today’s rapidly evolving business environment, leadership teams need more than market data—they need clear, actionable intelligence tailored to their strategic objectives. FMI’s Custom Research solutions are designed around the specific business questions organizations need answered, enabling executives to evaluate growth opportunities, validate investments, assess competitive dynamics, and reduce uncertainty before making critical decisions. By combining deep industry expertise, primary research, and proprietary market intelligence, FMI delivers insights that help organizations move from assumptions to evidence-based strategies with greater speed and confidence.

Key Executive Benefits

Decision-Ready Insights: Research tailored to your specific business challenges, growth plans, and investment priorities.Reduced Strategic Risk: Validate market opportunities, customer demand, and competitive positioning before committing resources.Market Entry Confidence: Assess opportunity size, regulatory barriers, channel dynamics, and competitive landscapes with precision.Competitive Advantage: Gain proprietary intelligence unavailable through syndicated reports or internal datasets.Faster Growth Decisions: Accelerate expansion, product development, portfolio optimization, and investment planning.Primary Market Validation: Access real-world customer, buyer, and stakeholder insights that support high-confidence decision-making.Global Industry Expertise: Powered by 100+ analysts, 20,000+ published reports, and 1.6 million+ hours of research experience.Proven Track Record: Over 7,000 market-entry engagements completed across six regions and 14 industry sectors with strong client retention.

Business Impact

FMI helps organizations transform market complexity into strategic clarity, enabling leadership teams to identify growth opportunities faster, optimize resource allocation, strengthen competitive positioning, and make high-stakes business decisions with confidence.

To explore how FMI Custom Research can support your strategic priorities, please connect with our team at – sales@futuremarketinsights.com 

Conclusion

The automated material handling equipment market is rapidly evolving into a technology-driven ecosystem powered by AI, robotics, and intelligent software platforms. According to FMI analysis, the market is expected to grow from USD 41.4 billion in 2026 to USD 86.1 billion by 2036, driven by increasing demand for warehouse automation, operational efficiency, and supply chain resilience. Companies that combine advanced automation technologies with software-enabled intelligence will be best positioned to capitalize on long-term growth opportunities.

Explore the Latest Industrial Automation Industry Analysis Now: https://www.futuremarketinsights.com/industry-analysis/industrial-automation

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About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, UAE, and operates delivery centers in the United States, United Kingdom, and India. FMI’s deeply researched healthcare and medical packaging reports help business leaders construct data-driven growth strategy plans with confidence.

For Press & Corporate Inquiries
Rahul Singh
AVP – Marketing and Growth Strategy 
Future Market Insights, Inc.                                                                       
+91 8600020075
For Sales – sales@futuremarketinsights.com
For Media – Rahul.singh@futuremarketinsights.com
For web – https://www.futuremarketinsights.com/

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Venus Aerospace Opens New Propulsion Test Stand at Houston Spaceport

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Texas Space Commission-supported facility expands company’s testing capacity as Venus advances its rotating detonation rocket engine technology

HOUSTON, Sept. 10, 2026 /PRNewswire/ — Venus Aerospace today officially opened its new propulsion test stand at the Houston Spaceport, adding critical infrastructure to support the continued development and maturation of its rotating detonation rocket engine technology.

Pictured from left: Clint Stephen, Houston Airport System; Congressman Morgan Luttrell; Francisco Cuellar, Houston Airport System; Norman Garza, Texas Space Commission; Sassie Duggleby, Venus Aerospace; Andrew Duggleby, Venus Aerospace; Houston City Councilmember Fred Flickinger; Houston City Councilmember Sallie Alcorn; Arturo Machuca, Ellington Airport and Houston Spaceport; and Brian Freedman, Bay Area Houston Economic Partnership.

The test stand was made possible through funding from the Texas Space Commission’s Space Exploration and Aeronautics Research Fund, part of the state’s investment in growing Texas’ aerospace and space economy. Venus completed the facility on time and on budget.

“Building and testing propulsion systems at this pace requires the right infrastructure around the technology,” said Sassie Duggleby, CEO and co-founder of Venus Aerospace. “We’re grateful to the Texas Space Commission and the State of Texas for investing alongside companies like Venus. Public investment like this helps companies move faster and keeps critical aerospace capability growing here in Texas.”

The new stand expands Venus’ ability to test at higher thrust and for longer durations, allowing the company to more closely replicate mission conditions. Together with Venus’ existing test infrastructure, it also increases overall testing capacity as the company scales integrated propulsion systems toward customer use.

Following the ribbon cutting, guests observed a live hot-fire test of a Venus rotating detonation rocket engine on the newly opened stand.

The September 10 opening brought together leaders from Venus Aerospace, the Texas Space Commission, the Houston Spaceport and Houston business and community leaders.

The opening comes during a period of rapid growth for Venus. In 2026, Venus has closed a $91 million Series B, expanded its leadership team and announced new customer and strategic relationships supporting the continued development and application of its propulsion technology. That business growth builds on significant technical progress, including the world’s first successful flight test of a high-thrust rotating detonation rocket engine in May 2025 and continued ground testing as Venus advances the technology toward customer use.

About Venus Aerospace
Venus Aerospace is building next-generation propulsion systems for defense, space, and future high-speed flight. Founded in 2020 and headquartered in Houston, Texas, Venus is developing flight-proven Rotating Detonation Rocket Engine (RDRE) technology designed to deliver greater efficiency, range, and scalability for defense and space missions. Venus’ propulsion systems are designed for domestic manufacturing and mission flexibility across national security and aerospace applications. Venus is backed by Mercury Fund, Lockheed Martin Ventures, Prime Movers Lab, Airbus Ventures, Trousdale Ventures and others. To learn more, visit www.venusaero.com.

Media Contact
Sarah Boland Heine
Sarah.Heine@venusaero.com
502-471-6186

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Lancet Publication Marks Important Advance in Influenza Prevention for Older Adults

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Phase 3 study demonstrates benefits of the first influenza vaccine to combine three proven approaches to enhancing protection for older adults in a single vaccine.

MAIDENHEAD, United Kingdom, Sept. 11, 2026 /PRNewswire/ — CSL Seqirus, a business of CSL (ASX: CSL; USOTC: CSLLY), today announced publication of pivotal Phase 3 study results for its MF59®-adjuvanted cell-based higher-dose quadrivalent influenza vaccine (aQIVc) in The Lancet Infectious Diseases, marking an important milestone in the evolution of influenza prevention for older adults.1

The publication follows approval of the trivalent formulation of aQIVc by the Medicines and Healthcare products Regulatory Agency (MHRA) in the United Kingdom earlier this year for adults aged 50 years and older.2 The vaccine, marketed as AUJEMFLU®, has also been approved by the European Commission for adults aged 50 years and above.

The peer-reviewed publication reports findings from a large-scale study of the first influenza vaccine to combine three proven approaches to enhancing protection in older adults: MF59® adjuvant, cell-based manufacturing, and a higher dose formulation compared to standard influenza vaccines.1,3

Each of these approaches has been used separately in influenza vaccines for many years and is supported by extensive clinical and real-world evidence. This publication provides the first large-scale evaluation of their combination within a single vaccine.1,2

Influenza remains a significant public health challenge, causing substantial illness, hospitalisations and deaths each year despite widespread vaccination programmes.4 

Older adults are particularly vulnerable because the immune system becomes less responsive with age, reducing its ability to mount a strong protective response following vaccination.5 

aQIVc combines three proven approaches to enhancing vaccine protection in older adults, with each playing a distinct and complementary role. Cell-based manufacturing helps preserve a closer match to circulating influenza strains, MF59® adjuvant strengthens, broadens and lengthens the immune response and a higher dose formulation further optimises that response.2,6,7,8

The Phase 3 randomised immunogenicity and safety study enrolled 7,699 adults aged 50 years and older across eight countries and compared aQIVc with two enhanced influenza vaccines. The study met its primary objectives and demonstrated:1

Superiority versus the adjuvanted egg-based influenza vaccine comparator across all four influenza strains and age groups assessed.Non-inferiority versus a recombinant influenza vaccine for three out of four strains in the 50+ age group and four out of four strains in those aged 65+.Immune responses that persisted throughout the influenza season.A well-tolerated safety profile. Most reactions were mild or moderate and resolved within three days.1  

The publication also reported exploratory findings of enhanced neuraminidase antibody responses versus comparators. The role of neuraminidase antibodies is an emerging area of influenza research that may contribute to reduced disease severity and broader protection beyond traditional measures of vaccine response.9

The study authors concluded that the findings support further evaluation of the vaccine and provide evidence for National Immunisation Technical Advisory Groups considering enhanced influenza vaccination strategies for older adults.1

Regulatory submissions for the trivalent formulation of aQIVc have been made in multiple markets, with introductions expected to occur through a phased approach aligned to local regulatory, policy and access pathways.

Gregg Sylvester, Chief Medical Officer and Head of Research & Development, CSL Seqirus, said:
“Publication in The Lancet Infectious Diseases is a significant milestone for CSL Seqirus and reflects decades of investment in influenza vaccine innovation.”

“These findings provide important new evidence for healthcare professionals, policy makers and immunisation advisory groups considering future influenza vaccination strategies for older adults.”

Professor Colin Russell, Chair of the European Scientific Working Group on Influenza (ESWI) and Professor of Applied Evolutionary Biology at Amsterdam University Medical Center, said:
“Influenza vaccine innovation has historically progressed through incremental advances in technology and manufacturing. What makes this study noteworthy is that it shows the potential benefit of bringing multiple proven approaches together in a single vaccine.”

“Given the continued burden of influenza-related illness, hospitalisation and death among older adults despite widespread vaccination, these findings represent an important contribution to ongoing efforts to improve protection in this vulnerable population.”

About the Phase 3 Study
The randomised, observer-blind Phase 3 immunogenicity study enrolled 7,699 adults aged 50 years and older across Canada, Denmark, Estonia, Germany, Pakistan, the Philippines, the United Kingdom and the United States. Participants received either the MF59-adjuvanted cell-derived higher dose quadrivalent vaccine, an MF59-adjuvanted egg-based quadrivalent influenza vaccine or a recombinant quadrivalent influenza vaccine. The study evaluated immunogenicity, safety and manufacturing consistency.

About aQIVc
aQIVc is an MF59-adjuvanted, cell-based higher-dose quadrivalent influenza vaccine developed for adults aged 50 years and older.  The trivalent formulation has been licensed for use in people aged 50 and above in the UK and by the European Medicines Agency where it is marketed as AUJEMFLU.®

The vaccine combines three proven approaches designed to enhance protection in older adults:

MF59 adjuvant technologyCell-based manufacturingA higher dose formulation versus standard dose influenza vaccinesEach dose contains 45 micrograms of haemagglutinin per influenza strain and 19.5 mg of MF59 adjuvant2

About CSL Seqirus
CSL Seqirus is part of CSL (ASX: CSL). As one of the largest influenza vaccine providers in the world, CSL Seqirus is a major contributor to the prevention of influenza globally and a transcontinental partner in pandemic preparedness and response. With state-of-the-art production facilities in the US, the UK and Australia, CSL Seqirus utilises egg, cell and adjuvant technologies to offer a broad portfolio of differentiated influenza vaccines in more than 20 countries around the world. For more information about CSL Seqirus, visit www.CSL.com.

Intended Audience
This press release is issued by CSL Seqirus and is intended to provide information about our global business. Information relating to the approval status, product labels, recommendations and availability of CSL Seqirus products may vary from country to country. Please consult your local regulatory authority for information on approval status and local prescribing information.

Forward-Looking Statements
This press release may contain forward-looking statements, including statements regarding future results, performance, regulatory milestones, product availability or achievements. These statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Given these uncertainties, you should not place undue reliance on forward-looking statements.

For more information, please contact:
MEDIA CONTACT 
Alex Kiefer
Alex.Kiefer@Seqirus.com
Director International & Pandemic Communications, CSL Seqirus 

GL-aTIVc-26-0011

References

1 Essink BJ, Vermeulen W, Andrade C, Mazur M, de Rooij R, Heijnen E, et al. Immunogenicity and safety of an MF59-adjuvanted cell-derived higher-dose quadrivalent influenza vaccine (aQIVc) in adults aged 50 years or older: a phase 3 randomised controlled trial. Lancet Infect Dis. In press 2026. Volume 26. September 2026.  THELANCETID-D-26-00167R3.
2 Aujemflu suspension for injection in pre-filled syringe: summary of product characteristics [Internet]. Maidenhead: Seqirus UK Limited; 4 June 2026 (PL 47991/0020). Available from: https://www.medicines.org.uk/emc/product/102343/smpc cited 2026 Aug 2.
3 Ashraf M, Boivin W, Nguyen-Van-Tam JS, Nolan T, Stein AN, Russell CA. Development of an adjuvanted, higher-dose, cell-based influenza vaccine: combining advanced technologies to improve vaccine effectiveness. Expert Rev Vaccines. 2026;25(1):2667732. doi:10.1080/14760584.2026.2667732.
4 World Health Organization. Influenza (seasonal): fact sheet [Internet]. Geneva: WHO; 28 February 2025. Available from: https://www.who.int/news-room/fact-sheets/detail/influenza-(seasonal)  cited 2026 Aug 28.
5 Cadar AN, Martin DE, Bartley JM. Targeting the hallmarks of aging to improve influenza vaccine responses in older adults. Immun Ageing. 2023;20:23. doi:10.1186/s12979-023-00348-6.
6 Essink BJ, Vermeulen W, Andrade C, de Rooij R, Isakov L, Casula D, et al. A randomised phase 2 immunogenicity and safety study of a MF59-adjuvanted quadrivalent subunit inactivated cell-derived influenza vaccine (aQIVc) in adults aged 50 years and older. Vaccine. 2025;51:126791. doi:10.1016/j.vaccine.2025.126791.
7 de Looze F, Essink BJ, van Boxmeer J, Andrade C, de Rooij R, Casula D, et al. Immunogenicity and safety of higher-dose cell-based adjuvanted quadrivalent influenza vaccines: combined results of randomised, controlled dose-finding and dose-confirmation studies. Vaccine. 2026;79:128436. doi:10.1016/j.vaccine.2026.128436.
8 Ashraf M, Stein AN, Youhanna J, Rockman S, McMahon M, McGovern I, et al. The impact of egg adaptation and immune imprinting on influenza vaccine effectiveness. Vaccine. 2025;62:127393. doi:10.1016/j.vaccine.2025.127393.
9 Monto AS, Petrie JG, Cross RT, Johnson E, Liu M, Zhong W, et al. Antibody to influenza virus neuraminidase: an independent correlate of protection. J Infect Dis. 2015;212(8):1191-99. doi:10.1093/infdis/jiv195.

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Tencent Music Entertainment Group Announces Closing of US$1,000 Million Notes Offering

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SHENZHEN, China, Sept. 10, 2026 /PRNewswire/ — Tencent Music Entertainment Group (“TME,” or the “Company”) (NYSE: TME and HKEX: 1698), the leading all-in-one music and audio entertainment platform in China, today announced the closing of its public offering of US$1,000 million aggregate principal amount of senior unsecured notes consisting of US$500 million of 5.050% notes due 2031 and US$500 million of 5.650% notes due 2036. The notes have been registered under the U.S. Securities Act of 1933, as amended, and are expected to be listed on The Stock Exchange of Hong Kong Limited on September 11, 2026.

The Company received net proceeds from the offering of approximately US$991.9 million, after deducting underwriting discounts and commissions and estimated offering expenses. The Company intends to use the net proceeds from the offering for general corporate purposes, including refinancing of offshore indebtedness and share repurchases.

The joint bookrunners of the offering are J.P. Morgan Securities LLC, Goldman Sachs (Asia) L.L.C. and The Hongkong and Shanghai Banking Corporation Limited. The joint lead managers of the offering are UBS AG Hong Kong Branch, Bank of China Limited and MUFG Securities Asia Limited.

The Company has an automatic shelf registration statement on Form F-3 (including a base prospectus) on file with the U.S. Securities and Exchange Commission (the “SEC”) and has filed the related prospectus supplement with the SEC for the offering of the notes. The offering is being made only by means of the prospectus supplement and accompanying base prospectus. Before you invest, you should read the prospectus supplement and accompanying base prospectus and other documents that the Company has filed with the SEC for more complete information about the Company and the offering. You may obtain these documents free of charge by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the Company, any underwriter or any dealer participating in the offering will arrange to send an investor the prospectus if the investor requests it by calling J.P. Morgan Securities LLC located at 270 Park Ave, New York, NY 10017, USA at +1-212-834-4533, Goldman Sachs & Co. LLC, an affiliate of Goldman Sachs (Asia) L.L.C., located at 200 West Street, New York, NY 10282, USA at +1-866-471-2526 or The Hongkong and Shanghai Banking Corporation Limited, located at L17, HSBC Main Building, 1 Queen’s Road Central, Hong Kong at +1-866-811-8049.

This announcement is not an offer of the securities for sale in the United States and shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The securities referred to herein have not been and will not be registered under the applicable securities laws of any jurisdiction outside of the United States.

About Tencent Music Entertainment

Tencent Music Entertainment Group (NYSE: TME and HKEX: 1698) is the leading all-in-one music and audio entertainment platform in China, operating the country’s highly popular and innovative music and audio apps: QQ Music, Kugou Music, Kuwo Music, WeSing and Ximalaya. TME’s mission is to create endless possibilities with music and technology. Powered by its content-and-platform dual-engine strategy, TME’s expansive offerings extend the value of IP beyond online streaming into offline concerts, artist merchandise, and other IP-centric experiences. TME continuously innovates to deliver a seamless experience where users can discover, listen, sing, watch, perform, and connect across diverse scenarios, while unlocking the enduring value of music and audio IP. For more information, please visit ir.tencentmusic.com.

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC and the HKEX. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

Investor Relations Contact
Tencent Music Entertainment Group
ir@tencentmusic.com
+86 (755) 8601-3388 ext. 885034

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