NetEase Cloud can listen to San San San songs.
NetEase CloudMusic, a music product developed by NetEase, is the result of the NetEase Hangzhou Research Institute. Relying on professional musicians, DJs, friends' recommendations, and social features, the online music service focuses on song lists, socialization, big-name recommendations, and music fingerprints, with song lists, DJ programs, socialization, and geographic location as the core elements. core elements, focusing on discovery and sharing.
The product was officially released on April 23, 2013, and as of April 2017, the product has included nine platforms, including iPhone, Android, Web, Windows, iPad, WP8, Mac, UWP (which has become a 32-bit converted version), Linux, etc. On January 16, 2015, NetEase Cloud Music was awarded the Baidu China Good App of the Year. On January 16, 2015, NetEase Cloud Music was honored with the Baidu China Good App "Outstanding Visual Design Award of the Year".
On February 9, 2018, NetEase Cloud Music and Tencent Music reached a copyright mutual authorization cooperation.On March 6, NetEase Cloud Music and Ali Music reached a copyright mutual authorization cooperation.On April 5, Tencent Music Entertainment Group issued a statement saying that it had suspended the sublicensing cooperation negotiation with NetEase Cloud Music.
On June 11, 2019, NetEase Cloud Music was named to the 2019 Forbes list of China's most innovative companies, and on September 6, Alibaba led a $700 million financing round for NetEase Cloud Music as the lead investor.
In August 2020, NetEase Cloud Music was ranked 108th on the Suzhou New District-2020 Hurun Global Unicorn List with a market capitalization of RMB 20 billion.
In May 2021, NetEase Cloud Music's listing application showed that the company's revenue grew rapidly to RMB 4.9 billion in 2020. Net loss increases to RMB 3 billion in 2020. Monthly active users of online music services increased to 180.5 million in 2020. The number of monthly paying users of online music services increased to 16 million in 2020.