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 2026
Employees
1,265
Stocks News & Analysis
stocks
A top global stock to buy after a big change in its forecast
Undervalued by 24%, this wide-moat stock is a buy now.
stocks
Does the AI trade still have room to run?
Where Morningstar analysts see opportunities—and where they don’t.
stocks
More gas left in the tank for ASX highflyer
Shares jumped after results and are screening as overvalued.
Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 9,189.90 | 15.70 | 0.17% |
| CAC 40 | 8,131.15 | 11.90 | -0.15% |
| DAX 40 | 24,933.08 | 32.37 | 0.13% |
| Dow JONES (US) | 49,460.25 | 361.54 | 0.74% |
| FTSE 100 | 10,148.85 | 5.41 | 0.05% |
| HKSE | 26,765.52 | 135.56 | 0.51% |
| NASDAQ | 23,638.19 | 136.95 | 0.58% |
| Nikkei 225 | 52,885.25 | 803.64 | -1.50% |
| NZX 50 Index | 13,460.74 | 96.13 | -0.71% |
| S&P 500 | 6,959.97 | 44.36 | 0.64% |
| S&P/ASX 200 | 8,860.10 | 15.00 | 0.17% |
| SSE Composite Index | 4,132.60 | 3.56 | -0.09% |