China International Capital Corp and two strategic investors have funded Chinese web business NetEase with CNY750m ($108m) for its online music platform. China International Capital Corp. (CICC) and two strategic investors have provided RMB750 million ($108 million) in funding for Chinese internet company NetEase's online music platform. The deal is the latest in a series of deals between China's tech giants that are trying to expand into new markets as they seek to diversify their revenue streams away from traditional industries such as banking and
China International Capital Corp and two strategic investors have funded Chinese web business NetEase with CNY750m ($108m) for its online music platform. The deal is the latest in a series of deals between China's tech giants that are trying to expand into new markets as they seek to diversify their revenue streams away from traditional industries such as banking and