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
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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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
Employee Count
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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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $700.0M
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First Round
First Round
(11 Apr 2017)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Series B - Netease Music | Valuation | Alibaba Group , Yunfeng Capital |
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| Oct, 2018 | Amount | Series B - Netease Music | Valuation | Baidu | |
| Apr, 2017 | Amount | Series A - Netease Music | Valuation | Shanghai Media Group |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity investments are managed by Yunfeng Capital in China.
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Founded Year | Domain | Location | |
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Boyu Capital is recognized as a leading alternative asset management firm.
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Founded Year | Domain | Location | |
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Private equity fund focused on global markets
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Netease Music
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Netease Music
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Netease Music Comparisons
Competitors of Netease Music
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Netease Music
Frequently Asked Questions about Netease Music
When was Netease Music founded?
Netease Music was founded in 2013 and raised its 1st funding round 4 years after it was founded.
Where is Netease Music located?
Netease Music is headquartered in Guangzhou, China. It is registered at Guangzhou, Guangdong, China.
Is Netease Music a funded company?
Netease Music is a funded company, having raised a total of $1.41B across 3 funding rounds to date. The company's 1st funding round was a Series A of $108.54M, raised on Apr 11, 2017.
What does Netease Music do?
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.
Who are Netease Music's investors?
Netease Music has 8 investors. Key investors include Baidu, Alibaba Group, CICC, General Atlantic, and Everbright.