About Joox Music
Joox Music is a Media & Entertainment company based in Shenzhen (China) founded in 2014 by Ma Huateng and Xu Chenye. Online music streaming app is offered for Android users. Joox Music has raised $5.3 million across 4 funding rounds from investors including Fuel Venture Capital, Miami Innovation Fund and Chris Murray. Its chief executive, as recorded, is Ma Huateng. Its website joox.com draws about 542 thousand monthly visits. Joox Music offers products and services including Music Player App, JOOX Karaoke, JOOX Rooms, and Trending Videos. Its focus areas include Consumer, Music Tech, Streaming and On Demand. Its competitors include Netease Music, KuGou and Kuke; 2 of its 3 listed competitors have raised funding.
Company details
Joox Music is a China-based, On-demand online music streaming application. The app is free to download, however, they also have a subscription-based, Joox VIP feature which is ad-free and lets users download songs. The app also allows its customers to share their favorite songs through Wechat. They also provide services like recommended playlists and karaoke. As of November 2017, the app is only available on Android with over 50 million downloads. The service is currently available in countries like China, Hong Kong, Thailand, Malaysia, Indonesia and South Arica and plans to launch in India soon. The App contains songs from Chinese, K-Pop and Western Music amongst many others. In Asia, its main competitor is Spotify.
- Headquarters Shenzhen, China
- Founders Ma Huateng, Xu Chenye
- SectorsMedia & Entertainment
- Website category Arts and Entertainment
- Email••••••••
- Website joox.com/intl
- Social LinkedIn X Facebook
- Total Equity Funding$5.3M (USD)
in 4 rounds
- Latest Funding Round$2.3M (USD), Seed
Jun 2018
- InvestorsFuel Venture Capital
& 4 more
Products & Services of Joox Music
Joox Music offers a comprehensive portfolio of products and services, including Music Player App, JOOX Karaoke, JOOX Rooms, and Trending Videos.
App for streaming over 40 million songs and creating playlists.
Feature allowing users to sing and duet with songs anytime.
Live audio and video group chats for music discussions.
Platform for exploring popular short videos and entertainment.
Funding Insights of Joox Music
Joox Music has successfully raised a total of $5.3M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $2.3 million completed in June 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $5.3M
- Total Rounds 4
- Last Round Seed — $2.3M
- First Round $200,000
(Jun 2014)
- Investors Count 5
All 4 funding rounds of Joox Music with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2018 | $2.3M | Seed | – | Fuel Venture Capital | – |
| Jun 2017 | $1.6M | Seed | – | – | – |
| Jun 2015 | $1.2M | Seed | – | Miami Innovation Fund | |
| Jun 2014 | $200,000 | Seed | – | – | – |
5 investors in total: 2 institutional and 3 angel.
Investors in Joox Music
Joox Music has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Fuel Venture Capital, Miami Innovation Fund and Chris Murray.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Innovative investments are targeted by this venture capital firm. | fuelventurecapital.com | Miami, United States | ||
| miamiinnovationfund.com | ||||
CM Chris Murray | unknown_670a60967fff4519a | |||
AP Armando Perez | Indian angel investor with focus on early-stage startups and technology. | unknown_6c4ca2a84c5b43449 | ||
RR Rick Rourk | unknown_ca9d2905ed7444c08 |
Investor details for Joox Music
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Joox Music
2 people are tracked at Joox Music (2 in leadership).
| Name | Role | Group |
|---|---|---|
Ma Huateng | Co-Founder & CEO | Leadership |
Xu Chenye | Co-Founder & CIO | Leadership |
Complete people profiles for Joox Music
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Timeline of Joox Music
3 dated milestones of Joox Music across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Joox Music is founded.
- Funding First funding round of $200K.
- Funding Latest funding round, Seed, of $2.3M.
Competitors of Joox Music
Joox Music has 3 listed competitors in our database, 2 of them funded. They include Netease Music, KuGou and Kuke.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| music.163.com | 2013 | Guangzhou, China | $1.41B | Music is streamed and downloaded through an online platform. | ||
| kugou.com | 2003 | Guangzhou, China | Music is streamed and downloaded by users via KuGou platform. | |||
| kuke.com | 2006 | Beijing, China | $1.6M | Online streaming of non-pop music genres is offered by Kuke. |
Detailed competitors of Joox Music
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- Full competitor set
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Web traffic of Joox Music
The website of Joox Music (joox.com) receives about 541.6K visits a month and ranks #112,646 among all websites worldwide, #7,623 in Arts and Entertainment.
- Monthly visits541.6K
▲ 17.9% vs previous month
- Unique visitors242.2K
per month
- Global rank#112,646
among all websites
- Category rank#7,623
Arts and Entertainment · Arts and Entertainment
- Bounce rate46%
- Pages per visit2.3
- Average visit1 min 17 sec
- DevicesDesktop 24% · Mobile 76%
Websites whose visitors overlap most with Joox Music. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
music.taihe.com | music.taihe.com | 100% | #657,678 | – | |
zz123.com | zz123.com | 97% | #434,815 | – | |
ilkpop.in | ilkpop.in | 97% | #38,577 | – | |
jpmusicblog.com | jpmusicblog.com | 97% | #503,529 | – | |
music.douban.com | music.douban.com | 97% | #52,659 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Joox Music
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Related news about Joox Music
Complete news archive for Joox Music
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Frequently Asked Questions about Joox Music
Joox Music was founded in 2014.
Joox Music is headquartered in Shenzhen, China. It is registered at Shenzhen, Guangdong, China.
Ma Huateng is the CEO of Joox Music, as recorded in our data. They have also founded this company.
Joox Music is a funded company, having raised a total of $5.3M across 4 funding rounds to date. The company's 1st funding round was a Seed of $200K, raised on Jun 2014.
Joox Music is a China-based, On-demand online music streaming application. The app is free to download, however, they also have a subscription-based, Joox VIP feature which is ad-free and lets users download songs. The app also allows its customers to share their favorite songs through Wechat. They also provide services like recommended playlists and karaoke. As of November 2017, the app is only available on Android with over 50 million downloads. The service is currently available in countries like China, Hong Kong, Thailand, Malaysia, Indonesia and South Arica and plans to launch in India soon. The App contains songs from Chinese, K-Pop and Western Music amongst many others. In Asia, its main competitor is Spotify.
Joox Music's top competitors include Netease Music, Kuke and KuGou.
Joox Music offers Music Player App, JOOX Karaoke, JOOX Rooms, and Trending Videos.
Joox Music has 5 investors. Key investors include Fuel Venture Capital, Miami Innovation Fund, Chris Murray, Armando Perez, and Rick Rourk.
The website of Joox Music receives about 542 thousand visits a month and ranks #112,646 among all websites worldwide.