NetEase Cloud Music, a music streaming service by Chinese games and publishing giant NetEase, raises $600M from investors including Baidu and General Atlantic (Jon Russell/TechCrunch)

Jon Russell / TechCrunch:
NetEase Cloud Music, a music streaming service by Chinese games and publishing giant NetEase, raises $600M from investors including Baidu and General Atlantic  —  As Tencent Music, China's largest streaming firm, reportedly stalls on its proposed U.S. IPO, one of its closest challengers is doubling down.



from Techmeme http://www.techmeme.com/181113/p8#a181113p8