NetEase and RMB750 million strategic investors have funded Chinese web business NetEase with CNY750m ( approximately RMB8 billion ) for its online music platform. China International Capital Corp has been valued at about CNY8bn.
China International Capital Corp and two strategic investors have funded Chinese web business NetEase with CNY750m ($108m) for its online music platform. NetEase Cloud Music has been valued at about CNY8bn.