Description: NetEase Cloud Music Inc., an investment holding company, engages in the operation of online platforms to provide music and social entertainment services in the People's Republic of China. It operates NetEase Cloud Music, an online music platform. The company also offers ancillary and social entertainment products, such as LOOK Live Streaming, Sheng Bo, and Yin Jie; membership subscription; contents sublicensing; and online advertising services on its online platforms, as well as sells digital music album and songs and virtual items in live streaming platforms. In addition, it provides online music streaming services. The company was formerly known as Cloud Music Inc. and changed its name to NetEase Cloud Music Inc. in November 2024. The company was founded in 2013 and is headquartered in Hangzhou, China. NetEase Cloud Music Inc. operates as a subsidiary of NetEase, Inc.
Home Page: ir.music.163.com
Hangzhou International Expo Center
Hangzhou,
China
Phone:
Officers
| Name | Title |
|---|---|
| Mr. Lei Ding | Chairman & CEO |
| Mr. Yong Li | VP of Business Intelligence & Executive Director |
| Ms. Yanfeng Wang | Executive Director |
| Ms. Ju Lu | VP of Finance & Financial Controller |
| Ms. Wai-Yee Wong ACIS, ACS, BEc, HKICS, HKICS; ICSA, UKICSA | Company Secretary |
Exchange: HK
Country: HK : Hong Kong
Currency: Hong Kong Dollar (HK$)
| GIC Sector: | Communication Services |
|---|---|
| GIC Group: | Media & Entertainment |
| GIC Industry: | Interactive Media & Services |
| GIC Sub-Industry: | Interactive Media & Services |
| Forward PE: | 17.1821 |
|---|---|
| Trailing PE: | 20.4245 |
| Price-to-Book MRQ: | 2.7665 |
| Price-to-Sales TTM: | 3.3798 |
| IPO Date: | |
| Fiscal Year End: | December |
| Full Time Employees: | 1300 |