▁songs . ▁ ▁In ▁April ▁ 2 0 1 7 ▁it ▁received ▁its ▁series ▁A ▁finan cing ▁of ▁ 7 5 0 ▁million ▁C N Y ▁( US $ 1 0 7 ▁million ), ▁and ▁was ▁val ued ▁at ▁eight ▁billion ▁C N Y ( US $ 1 . 1 4 ▁billion ), ▁making ▁it ▁a ▁Un ic orn ▁Company . ▁It ▁is ▁known ▁to ▁be ▁one ▁of ▁the ▁big ▁three ▁compet itors ▁in ▁the ▁Chinese ▁music ▁streaming ▁business ▁compet ing ▁with ▁Ten cent ' s ▁Q Q ▁Music ▁and ▁A lib aba ' s ▁X iami ▁music ▁service . ▁ ▁Business ▁service ▁ ▁N ete ase ▁Cloud ▁Music ▁oper ates ▁under ▁a ▁fre em ium ▁business ▁model ▁in ▁which ▁basic ▁services ▁are ▁free ▁whilst ▁some ▁en hanced ▁features ▁are ▁available ▁on ▁a ▁subscription ▁basis . ▁Similar ▁to ▁Q Q ▁Music , ▁artists ▁and ▁labels ▁can ▁choose ▁to ▁restrict ▁content ▁to ▁pay ing ▁subscri bers ▁or ▁have ▁their ▁albums ▁purch as able ▁on ▁their ▁website . ▁Art ists ▁that ▁have ▁used ▁this ▁method ▁include ▁Taylor ▁Swift ▁and ▁Ari ana ▁Grande . ▁With ▁these ▁purch ases , ▁a ▁user ▁can ▁listen ▁and ▁download ▁their ▁purchased ▁songs ▁without ▁restriction , ▁regardless ▁of ▁subscription ▁status . ▁ ▁Account s ▁and ▁subscription ▁ ▁N ete ase ▁Cloud ▁Music ▁currently ▁offers ▁three ▁subscription ▁types . ▁Sub scri ptions ▁are ▁only ▁purch as able ▁by ▁a ▁mobile ▁device , ▁with ▁iPhone ▁pay ments ▁processed ▁via ▁Apple ' s ▁App ▁Store . ▁ ▁Fe atures ▁ ▁Personal ized ▁recommendation ▁&