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Company Profile

  • Business description

    Cloud Music is the second largest online music service provider in China. It was founded in 2013 by NetEase, which currently holds around 58% of its equity stake and 90% of voting power. The business model of Cloud Music resembles that of its main competitor Tencent Music, as both provide music streaming services to their users plus social entertainment features such as livestreaming.

  • Contact

    No. 353 Benjing Avenue
    Hangzhou International Expo Center
    Room 1201, Block A, Qianjiang Century City
    Xiaoshan District, Zhejiang Province
    Hangzhou
    CHN

    https://ir.music.163.com

  • Sector

    Communication Services

    Stock type

    Sensitive

  • Industry

    Internet Content & Information

    Fiscal Year End

    31 December 2024

    Employees

    1,359

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Markets

Index
Last price
Change
% Change
All Ordinaries 7,862.30 147.10 -1.84%
CAC 40 7,942.65 102.46 -1.27%
DAX 40 17,768.94 257.64 -1.43%
Dow JONES (US) 37,735.11 248.13 -0.65%
FTSE 100 7,851.70 113.83 -1.43%
HKSE 16,248.97 351.49 -2.12%
NASDAQ 15,885.02 290.08 -1.79%
Nikkei 225 38,471.20 761.60 -1.94%
NZX 50 Index 11,804.84 111.94 -0.94%
S&P 500 5,061.82 61.59 -1.20%
S&P/ASX 200 7,612.50 140.00 -1.81%
SSE Composite Index 3,007.07 50.31 -1.65%

Market Movers

Name
Last price
Change
% Change
The Star Entertainment Group Ltd SGR 0.42 0.07 -14.43%
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Imugene Ltd IMU 0.08 0.01 -8.79%
Telstra Group Ltd TLS 3.68 0.03 -0.81%
Zip Co Ltd ZIP 1.19 0.15 -10.90%
South32 Ltd S32 3.28 0.16 -4.65%
Resolute Mining Ltd RSG 0.43 0.06 -12.24%
Peninsula Energy Ltd PEN 0.10 0.01 -6.67%
Pilbara Minerals Ltd PLS 3.85 0.05 -1.28%
Piedmont Lithium Inc PLL 0.22 0.07 -22.81%