Xiami

Shanghai, China Founded: 2007 • Age: 19 yrs Acquired By Alibaba
Subscription-based streaming of Chinese music is offered by Xiami.
Annual revenue $3.2B Latest available
Total funding - Funding intelligence
Employees 1036 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Xiami

Xiami is a company based in Shanghai (China) founded in 2007 was acquired by Alibaba in January 2013. The company has 1,036 employees as of March 30, 2024. Xiami operates in a competitive market with competitors including Netease Music, Joox Music, KuGou, Kuke and A8 Digital Music, among others.

  • Headquarter Shanghai, China
  • Employees 1036 as on 30 Mar, 2024
  • Sectors
    Media & Entertainment
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Jurisdiction Bengaluru, Karnataka, India
Operational Areas
Media & Entertainment → Music, Audio & Performing Arts Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $3.23 B (USD)
    -31.7
    as on Mar 31, 2023
  • Net Profit
    $28.69 M (USD)
    -77.44
    as on Mar 31, 2023
  • EBITDA
    -$232.74 M (USD)
    -248.54
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    1036

    as on Mar 30, 2024

  • Acquired by
    Alibaba

    (Jan 11, 2013)

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Funding Insights of Xiami

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Investors in Xiami

Xiami has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Alibaba.com.

All
Institutional
Investor Description Founded Year Domain Location
Multi-category products are facilitated through an online B2B cross-border marketplace.
Locked Locked Locked
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Investor details for Xiami

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Investments & Acquisitions by Xiami

Investments
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Investment portfolio details for Xiami

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Financial Statements - Xiami

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Xiami Comparisons

Xiami Primary company
Description
Subscription-based streaming of Chinese music is offered by ...
Location
Shanghai, China
Founded Year
2007
Annual Revenue
$3.23 B (USD)
Net Profit
$28.69 M (USD)
EBITDA
-$232.74 M (USD)
Employees
1,036
As of 2024
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Peer comparison for Xiami

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Competitors of Xiami

Xiami operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Netease Music, Joox Music, KuGou, Kuke and A8 Digital Music, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Music is streamed and downloaded through an online platform.
Locked Locked Locked
Online music streaming app is offered for Android users.
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Music is streamed and downloaded by users via KuGou platform.
Locked Locked Locked
Online streaming of non-pop music genres is offered by Kuke.
Locked Locked Locked
China-based music distribution platform
Locked Locked Locked
A music streaming platform focused on Chinese music.
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Detailed competitors of Xiami

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Latest news on Xiami

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Complete news archive for Xiami

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Frequently Asked Questions about Xiami

Xiami was founded in 2007.

Xiami is headquartered in Shanghai, China.

As of Mar 30, 2024, the latest employee count at Xiami is 1,036.

Annual revenue of Xiami is $3.23B as on Mar 31, 2023.

Xiami was founded in 2007 in Shanghai, China, as a platform in the music streaming sector. Chinese music is provided for streaming and downloading, organized by artists and genres. Playlists are created and managed by users. Mobile applications are supported on Android and iOS devices. Revenue is derived from subscription fees and in-app purchases.

Xiami's top competitors include Netease Music, Kuke and Joox Music.

Xiami has 1 investor. Key investors include Alibaba.com.

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