** U.S.-listed shares of Tencent Music Entertainment
fall 5.4% to $10.93 premarket
** Company misses Q3 revenue estimates, as Beijing's crackdown on online gambling continues to impact its social entertainment segment
** Q3 revenue rises 6.8% YoY to 7.02 bln yuan ($970.23 mln), but misses analysts' avg. est. of 7.04 bln yuan, as per data compiled by LSEG
** Q3 revenue from company's social entertainment services business, which includes karaoke app WeSing and live concert platform Kuwo Music, falls 23.9%
** Revenue at its online music unit rises 20.4%, after paying users increase 15.5% to 119 mln
** Avg. rating of brokerages is "buy"; median PT is $14.38 - LSEG data
** As of last close, stock up 28.2% YTD
(Reporting by Sukriti Gupta in Bengaluru)
((Sukriti.Gupta@thomsonreuters.com;))
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