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Music streaming platform NetEase Cloud Music raises $600m

Chinese music streaming platform, NetEase Cloud Music has raised $600 million from round of financing with investors, including strategic partner Baidu, Boyu Capital, and several other investors. NetEase, Inc., one of leading internet and online gaming provider of China will be the controlling shareholder of the NetEase Cloud Music business. Launched in April 2013, NetEase …

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Chinese music streaming platform NetEase Cloud Music partners with Loen Entertainment

Popular Chinese music streaming platform, NetEase Cloud Music announces  copyright licensing partnership with Loen Entertainment, a leading entertainment firm in South Korea. With this partnership, NetEase Cloud Music will get license to copyright of the firm’s music catalog, including vats collection of music as well as tracks from popular performers. Launched in 2013, NetEase Inc. …

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