Xiami's closure does not mark the end to Alibaba's participation in the online streaming market. In September 2019, it invested $700 million in one of Xiami's competitors, NetEase Cloud Music.from Dopenews
via Dopenews
Tuesday, 5 January 2021
Alibaba to Shut Down Its Music Streaming Xiami Music App Next Month Due to 'Operational Adjustments' (Tech)
Xiami's closure does not mark the end to Alibaba's participation in the online streaming market. In September 2019, it invested $700 million in one of Xiami's competitors, NetEase Cloud Music.from Dopenews
via Dopenews
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