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Netease Cloud Music Announces New Round of Financing Baidu Strategic Investment

via:新浪科技     time:2018/10/13 0:01:31     readed:186

The person in charge of Netease Cloud Music said that this round of financing of Netease Cloud Music is mainly to introduce long-term partners with high quality and superior resources, and to inject new momentum into the rapid development of business.

Netease Cloud Music said that this round of financing will be mainly used for original musician support and music upstream and downstream solution establishment, and work together with partners to build a music ecological chain and value chain to bring users a better and richer music service experience. .

It is understood that Baidu, Transatlantic Investment Group (General Atlantic), Boyu Capital and other investment Netease cloud music is based on the long-term optimism about China's online music market and the growth space of NetEase cloud music, the future will integrate related resources Give full play to their respective advantages and promote the online music ecological layout and continuous rapid growth of Netease Cloud Music in the future.

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