NetEase Cloud Music recently received its latest investment of $0.6 billion, which was led by Baidu, and other investors include General Atlantic, Boyu Capital, and an anonymous record company. The new funding will be able to help consolidate its predominant market share, and the capital input from the label studio will make a significant change to the current money-bumping music copyright war, from which NetEase has suffered a great deal since it’s long been weak on gaining access to the rich music content.
