Tag: china

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Tencent Music may start trading publicly on 12 December

Hold that speculation that Tencent Music’s IPO may slip into 2019.
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Huawei claims its music-streaming service has 100m users

Chinese technology company Huawei makes a range of products, including smartphones, for which it has big ambitions.
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Report: Amazon outselling Google for smart speakers again

Research firm Canalys has published its latest figures on the smart-speakers market, focusing on shipments in the third quarter of 2018. It says they grew by 137% year-on-year to 19.7m units, which puts the market on track...
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Audit sees Chinese star Kris Wu counted down in Billboard chart

After all the hubbub around Chinese artist Kris Wu hogging the top spots in Apple’s iTunes downloads chart in the US, the first-week Billboard 200 albums chart ranking for his ‘Antares’ long-player was less spectacular....
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NetEase has hopes for a Cloud Music IPO in the future

Earlier this week, we reported on the $600m funding round for Chinese music-streaming service NetEase Cloud Music. It’s part of tech company NetEase, which has a range of other digital businesses, from games and advertising...
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Chinese streaming service NetEase Cloud Music raises $600m

Chinese music-streaming service NetEase Cloud Music has 600 million registered users, having added 200 million of them in the last 12 months.
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Chinese artist Kris Wu hits big on iTunes – and not with bots

Kris Wu had a big hit on Apple’s iTunes chart last week with his album ‘Antares’, but the Chinese artist swiftly fell foul of online rumourmongers suggesting that his sales success was in some way down...
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Far East Movement sign ‘multimillion-dollar’ deal with NetEase Cloud Music

Thus far, the topic of artists signing direct licensing deals with music-streaming services has focused largely on the west, with Spotify, Apple Music and SoundCloud. In China, the discussion has been more about the exclusive...
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IFPI head talks EU Copyright Directive, China, Africa and if labels are still necessary (spoiler: she thinks they are)

IFPI CEO Frances Moore has been in the job for eight years now and spoke to Billboard about the organisation’s biggest concerns (yes, the “value gap”/EU Copyright Directive is high among them) and where the next waves...
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10 things we learned from Tencent Music’s IPO filing

Tencent Music published its filing to go public last night. We’ve been filleting the document to pull out some of the most interesting data and strategic titbits on the Chinese digital-music company. 1.  The big figures Tencent...
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Tencent Music reportedly set for $3.1bn revenues in 2018

We’re still waiting for the official publication of Tencent Music’s filing for an IPO in the US, which will provide bags of metrics on the company’s music-streaming services.
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Tencent / NetEase affected as Chinese government cracks down on gaming

Here’s a story that’s only just getting picked up in the west: the Chinese government has not approved the release of any new paid games in the country since March, nor has it approved any new free games to use in-game...