NetEase Cloud Music Inc
09899
Company Profile
Business description
NetEase Cloud Music is China's second-largest music streaming platform, founded in 2013 as a subsidiary of NetEase. NetEase remains the controlling shareholder with a 59.4% stake. The company is headquartered in Hangzhou.The platform's business model revolves around a core music streaming service sold on a subscription basis, paired with a live streaming service where users purchase virtual items and gift them to performers.
Contact
No. 353 Benjing Avenue
Room 1201, Block A, Hangzhou International Expo Center
Qianjiang Century City
Xiaoshan District, Zhejiang Province
Hangzhou
CHNSector
Communication Services
Stock type
Sensitive
Industry
Internet Content & Information
Fiscal Year End
31 December 2026
Employees
1,288
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Markets
Index | Last price | Change | % Change |
|---|---|---|---|
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| FTSE 100 | 10,330.55 | 6.80 | 0.07% |
| HKSE | 25,797.85 | 122.67 | 0.48% |
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| NZX 50 Index | 12,837.56 | 136.76 | -1.05% |
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| S&P/ASX 200 | 8,558.10 | 15.00 | -0.17% |
| SSE Composite Index | 4,169.32 | 0.21 | -0.01% |