NetEase Cloud Music
IPOHangzhou, China · Founded 2013 · $1.4B raised
- Headquarters
- Hangzhou
- Employees
- 201–500
- Founded
- 2013
- Business Model
- B2C
- Website
- music.163.com
- Total Funding
- $1.4B
- Last Round
- $700.0M Series CSep 2019
- Rounds
- 3
About
NetEase Cloud Music is a Chinese freemium music streaming platform launched in April 2013 by NetEase, Inc. It offers music discovery, social sharing, live streaming, and online karaoke to over 800 million users in China. The platform hosts over 60 million songs and more than 600,000 independent artists, competing primarily with Tencent's QQ Music.
Summary
NetEase Cloud Music is an Entertainment company based in Hangzhou, China, founded in 2013. It has raised $1.4B in total across 3 rounds, most recently a $700.0M Series C round in Sep 2019. Investors include Alibaba Group, Sony Music and Yunfeng Capital.
Tech & App Stack
1 technologies & apps tracked
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Funding History
Dec 2021
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Investors
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