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Which music APP went bankrupt?
Xiami Music.

According to media reports, Xiami Music published a statement, saying that due to the adjustment of its business, Xiami Music will stop its foreign service on February 5, 20021,which means that Xiami Music will be shut down.

Xiami Music is a music platform that provides interactive content such as recommendation, release, P2P download service of MP3 music and offline music activities. It was wholly-owned by Alibaba Group in 20 13.