RILM Music Encyclopedias

Cloud Music Inc. Reports Fiscal Year 2022 Financial Results

Retrieved on: 
Thursday, February 23, 2023
Online, Cloud, Atmos, Ã, Land, TFBOYS, BLACKPINK, SM Entertainment, TFBoys, NetEase, Ecosystem, INC, Networking hardware, DIE, Comment, Dolby Atmos, B'in Music, Accounting, Girls' Generation, Star, LOVE, Internet of things, Partnership, SM, Maus, Travel, RILM Music Encyclopedias, KAO, EXO, YG Entertainment, Growth, Encyclopedia, SUPER, Ace Racer, Ecology, Digital, BIGBANG, Minecraft, BPM, Atmosphere-Space Interactions Monitor, CCTV, Sport, PIN, Rock Records, MAU, Communication, Music, Video game, Entertainment, Cryptocurrency, Security (finance), Tourism, Creative industries, Nightclub, Mobile phone, Online shopping

Despite the industry-wide slowdown, our MAUs of online music services for 2022 still steadily climbed to 189.4 million, up 4% year-over-year.

Key Points: 
  • Despite the industry-wide slowdown, our MAUs of online music services for 2022 still steadily climbed to 189.4 million, up 4% year-over-year.
  • A remarkable example is our recently announced partnership with B'in Music, which expands our leading content library with some of most influential C-pop music.
  • - Online exposure: Launched Independent Artist Zone, comprising Original Music Discovery and Local Recommendation, expanding music discovery and consumption scenarios, and kicking off local-based operations for original music.
  • - Offline presence: Rolled out our camping-themed music festival brand "Cloud Village Camping Music Festival", incorporating an offline presence to promote our musician ecosystem.

Cloud Music Inc. Reports First Half 2022 Financial Results

Retrieved on: 
Thursday, August 18, 2022
Cloud, RILM Music Encyclopedias, TFBOYS, Taste, CLOUD, UGC, International Financial Reporting Standards, SUPER, Industry, ROI, Content, MUSIC, Ecosystem, EXO, Growth, Ecology, Varsity blind wine tasting match, NetEase, Investment, Board, Girls' Generation, MUS, Audio signal, Company, International, SM Entertainment, HKEX, Multi, NetEase Music, Encyclopedia, Awareness, Personality, PIN, NASDAQ, SM, CCTV, Maus, TFBoys, Music, Generation, Seamless, Social, BPM, Certification, Efficiency, Entertainment, Video game, Aquaculture, Mobile phone, Film, Industrial design, Online shopping, Video game console

Despite a more challenging industry environment and macro-headwinds, our total revenues for the first half of 2022 grew 33.8% year-over-year.

Key Points: 
  • Despite a more challenging industry environment and macro-headwinds, our total revenues for the first half of 2022 grew 33.8% year-over-year.
  • An individual's homepage showcases their music preferences, based on music consumption behaviour within NetEase Cloud Music App.
  • NetEase Cloud Music has been effectively expanding exposure of backstage musicians to facilitate music cooperation for better returns, and building their career path.
  • Its focus on discovering and promoting emerging musicians has made Cloud Music Inc. a destination of choice for exploring new and independent music among music enthusiasts in China.