] [TechWeb June 22, according to data provided by the corporate look, June 19, NetEase Hangzhou Industrial and Commercial Information Technology Co., Ltd. cloud music changed, the registered capital increased from US $ 5.8925 billion to $ 8.0025 billion and the rate of increase 35.81% .
Netease cloud music this is the second capital increase this year, the registered capital.
March 18 this year, NetEase cloud music operator of the subject Hangzhou Netease cloud music Technology Co., Ltd. registered capital increased from $ 410.75 million US dollars 589.25 million, increasing the proportion of 30.29%.
As early as November 12, 2018, NetEase cloud music announced the completion of a new round of financing of approximately $ 700 million, of which Baidu to strategic investors. Recently Netease cloud music will spin-off rumors surfaced from time to time.