NetEase Cloud Music

IPO

网易云音乐

Hangzhou, China · Founded 2013 · $1.4B raised

Headquarters
Hangzhou
Employees
201–500
Founded
2013
Business Model
B2C
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

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Funding History

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IPODec 2021
$452.0M

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Series A through IPO — per-round amounts, valuations, and who invested in each round.

Investors

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