About Netease Music
Netease Music is a company based in Guangzhou (China) founded in 2013. Netease Music has raised $1.41 billion across 3 funding rounds from investors including Baidu, Alibaba Group and CICC.
- Headquarter Guangzhou, China
- Stage Public
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Sectors
Media & Entertainment
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Phone
Locked
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Website
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$1.41 B (USD)
in 3 rounds
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Latest Funding Round
$700 M (USD), Series B
Sep 06, 2019
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Investors
Baidu
& 7 more
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Employee Count
Not available
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Funding Insights of Netease Music
Netease Music has successfully raised a total of $1.41B across 3 strategic funding rounds. The most recent funding activity was a Series B round of $700 million completed in September 2019. 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.
Investors in Netease Music
Netease Music has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Baidu, Alibaba Group and CICC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity investments are managed by Yunfeng Capital in China.
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Locked | Locked | Locked | |
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Boyu Capital is recognized as a leading alternative asset management firm.
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Locked | Locked | Locked | |
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Private equity fund focused on global markets
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Locked | Locked | Locked |
Investor details for Netease Music
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Investments & Acquisitions by Netease Music
Investment portfolio details for Netease Music
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Financial Statements - Netease Music
Detailed financials for Netease Music
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Netease Music Comparisons
Peer comparison for Netease Music
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Competitors of Netease Music
Detailed competitors of Netease Music
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Latest news on Netease Music
Complete news archive for Netease Music
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Frequently Asked Questions about Netease Music
Netease Music was founded in 2013 and raised its 1st funding round 4 years after it was founded.
Netease Music is headquartered in Guangzhou, China. It is registered at Guangzhou, Guangdong, China.
Netease Music is a funded company, having raised a total of $1.41B across 3 funding rounds to date.
NetEase Cloud Music was established in 2013 in Guangzhou, China, within the digital music sector. Streaming and downloading of music are enabled for users, alongside features for discovering and sharing content aligned with individual preferences. Rankings are maintained for audiobooks, music tracks, and anchor shows. Revenue is generated via subscription plans and individual song purchases.
Netease Music has 8 investors. Key investors include Baidu, Alibaba Group, CICC, General Atlantic, and Everbright.