FAST NEWS: Cloud Music’s Loss Narrows on Better User Monetization
The latest: Cloud Music Inc. (9899.HK), the music arm of gaming giant NetEase (NTES.US; 9999.HK), announced Thursday that its revenue rose 28.5% to 8.99 billion yuan ($1.29 billion) last year,…
Tencent Music Hears Happy Tunes from Growing List of Paying Users
China’s leading online music service provider’s profit grew 38.7% in the third-quarter Key Takeaways:Tencent Music’s net profit jumped by 38.7% in the third quarter to over 1 billion yuan as…
