NetEase Cloud Music Inc
09899
Company Profile
Business description
Cloud Music is the second-largest online music service provider in China, founded in 2013 by NetEase. NetEase currently holds approximately 58% of Cloud Music’s equity stake and controls 90% of its voting power. The platform’s business model is similar to its main competitor, Tencent Music, as both offer music streaming services along with social entertainment features like live streaming to engage users and drive additional revenue.
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 2025
Employees
1,331
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| FTSE 100 | 9,068.58 | 64.23 | -0.70% |
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