9899 on Hong Kong Stock Exchange

NetEase Cloud Music

Logo: https://apps.apple.com/cn/app/%E7%BD%91%E6%98%93%E4%BA%91%E9%9F%B3%E4%B9%90/id944848654?mt=12, Non-free logo, via Wikipedia3

Chinese music streaming service

NetEase Cloud Music (Chinese: 网易云音乐) is a Chinese freemium music streaming service developed and owned by NetEase, Inc. The streaming service was launched to the public on 23 April 2013. In April 2017 it received its series A financing of 750 million CNY (US$107 million), and was valued at 8 billion CNY (US$1.14 billion). The main features of NetEase Cloud Music include playlists, live streaming, online karaoke, and social networking.2 Its shares trade on Hong Kong Stock Exchange under the symbol 9899.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

Jan 24, 2013Founded1

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  • Ticker9899 on Hong Kong Stock Exchange1
  • HeadquartersBeijing1
  • Websitemusic.163.com

NetEase Cloud Music (Chinese: 网易云音乐) is a Chinese freemium music streaming service developed and owned by NetEase, Inc. The streaming service was launched to the public on 23 April 2013. In April 2017 it received its series A financing of 750 million CNY (US$107 million), and was valued at 8 billion CNY (US$1.14 billion). The main features of NetEase Cloud Music include playlists, live streaming, online karaoke, and social networking. As of May 2022, more than 450,000 independent musicians have registered with NetEase Cloud Music, rising to over 611,000 registered artists by December 2022 with a music database consisting of over 60 million songs. It is one of the biggest competitors in the Chinese music streaming business, primarily competing with Tencent's QQ Music.2

Corporate structure

NetEase Cloud Music is part of a group headed by NetEase. 17 entities, 5 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • NetEase Hangzhou, China
    • NetEase Cloud Music Beijing
    • Grasshopper Manufacture Subsidiary · Chiyoda
    • Mattel163 Subsidiary · El Segundo
    • NetEase Games Subsidiary
      • Quantic Dream Subsidiary · Paris, France
      • Anchor Point Studios Subsidiary · Spain
    • Ouka Studios Subsidiary · Guangzhou, People's Republic of China
    • Youdao Subsidiary
    • NetEase (Hangzhou) Network Co., Ltd. Subsidiary · China
    • NetEase (Hong Kong) Limited Subsidiary · Hong Kong, Hong Kong
    • Netease Comics Subsidiary · China
    • NetEase Finance Subsidiary · China
    • NetEase Media Technology (Beijing) Co., Ltd. Subsidiary · China
    • NetEase News Subsidiary
    • NetEase Pay (Hangzhou) Co., Ltd. Subsidiary · China
    • Youdao Note Subsidiary
    • LOFTER Owned
    • NetEase Mail Owned

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

Products and brands

NetEase Cloud Music operates under a freemium business model in which basic services are free whilst some enhanced features are available on a subscription basis. NetEase Cloud Music's primary income has two components: music streaming services and social entertainment services. Similar to QQ Music, artists and labels can choose to restrict content to paying subscribers or have their albums purchasable on their website. Artists that allow album purchases of this type include Taylor Swift and Ariana Grande. Users who purchase albums can listen to their purchased songs without a membership.

Accounts and subscription

As of September 2022, NetEase Cloud Music currently offers three subscription types. Subscriptions are purchasable by a mobile device or via the website, with iPhone payments processed via Apple's App Store, and website payments being processed via WeChat Pay, Alipay, or NetEase Pay.

Social entertainment service

NetEase Cloud Music's social entertainment services include such features as live streaming, virtual items, and online karaoke. These services help increase the platform's overall profit by encouraging users to become live streaming-related memberships or give virtual gifts to anchors. In NetEase Cloud Music's revenue for the first half of 2022, the social entertainment service and other revenue increased 57% to $2.48 billion.

Listening limitations

NetEase Cloud Music currently only operates in China. The official Android app of NetEase music is virtually unknown to listeners outside of China, for two reasons. First, the app is in Chinese and most of the tracks are playable in China only; and second, the app is not available on Google Play Store. NetEase app is available in Apple App store. However, its English version is currently not published.

From Wikipedia’s article on NetEase Cloud Music, shared under CC BY-SA 4.0.4

Subsidiaries and ownership

Parent company

Owners

From Wikidata.1

Timeline

  1. Dec 2, 2021Went public Listed on Hong Kong Stock Exchange1
  2. Jan 24, 2013Founded Founded1