Netease Cloud Music is a music product developed by Netease and the result of Netease Hangzhou Research Institute. Relying on professional musicians, DJs, friends' recommendation and social functions, online music services mainly focus on song list, social interaction, big-name recommendation and music fingerprinting, with song list, DJ program, social interaction and geographical location as the core elements, focusing on discovery and sharing.
201810/2. Netease Cloud Music announced a new round of financing, with investors including Baidu, Transatlantic Investment Group and Apollo Capital, among which Baidu is a strategic investor. After a new round of financing, Netease still enjoys exclusive control of Netease Cloud Music. Gaoyao Capital is the exclusive financial advisor for this round of financing.
2018165438+1October 12, Netease announced that Netease Cloud Music, its music streaming platform, had completed a previously announced round of financing activities, with investors including Baidu, Transatlantic Investment and Apollo Capital. It raised more than 600 million dollars.