Cloud Music (9899) Stock Overview

Cloud Music Inc., an investment holding company, engages in the operation of online platforms to provide music and social entertainment services in the People's Republic of China. The company offers music membership subscriptions, sublicensing of content royalties, and online advertising services, as well as sells digital albums, virtual items, and singles; and hosts live streaming services. It also offers NetEase Cloud Music, an online music platform; and ancillary, social entertainment products, such as LOOK Live Streaming, Sheng Bo, and Xin Yu. In addition, the company provides artist management, online music streaming, and music production services. It serves advertisers and paying users. The company was formerly known as Cloud Village Inc. The company was founded in 2013 and is headquartered in Hangzhou, China. Cloud Music Inc. is a subsidiary of NetEase, Inc.