Look Xiami – China’s Biggest Music Store
If you’re a fan of Chinese music, you may enjoy Look Xiami Alibaba 22.4m Maus Oct., a music streaming service with 30 million songs. It was founded by a group of music fans in a coffee shop, and is now owned by e-commerce giant Alibaba.
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Xiami has a playlist of 30 million songs – including Chinese and Western tracks
Xiami is an interactive radio station that frames itself as a music party. Users can see what friends are listening to, check out their playlists, and comment on their favorite tracks. They can also follow others and browse their feeds. There are also reviews, news, and commentaries.
Look Xiami Alibaba 22.4m Maus Oct. also allows users to create their own personalized music playlist. They can add favorite songs and lyrics to their profile, or they can use a photo as their background. The song can be categorized by genre, artist, or mood. Users can leave comments for friends to discover, or they can start their own music party. They can also select PK mode, or they can select the Share mode, which lets everyone be a DJ and create their own playlist.
It was founded by a group of music lovers in a coffee shop
Look Xiami is an online music store, founded in 2008 by a group of music fans in Hangzhou. The company was originally known as EMUMO, which stands for “earn music, make money.” It quickly gained popularity among Chinese music fans. Its founders, whose names all began with the letters “P” and “X,” were fans of the rock group Pumpkins.
Alibaba acquired Xiami in 2013, though the move was not met with a lot of favor in the music industry. The industry at the time considered online music a very hard industry to make a profit in. But Alibaba was willing to take a chance and hired Gao Xiaosong and Song Ke, two veterans of the Chinese music industry. Gao is a popular singer-songwriter and Song is the co-founder of the Chinese pop-music label Taihe Rye.
Look Xiami Alibaba 22.4m Maus Oct. had a large music library that spanned 30 million tracks, including both Chinese and Western music, and had 40,000 musicians on its roster. In 2013, Alibaba acquired Xiami for US$20 million, giving it access to Alibaba’s massive marketing machine. Despite Alibaba’s hefty investment, the founders didn’t push for funding. Instead, they were more concerned with the creative aspect of the business.
Alibaba has recently announced that it will shut down its Xiami Music streaming service in February because of regulatory pressure. While the company once had a large presence in the Chinese market, it has been struggling to compete with its competitors such as NetEase and Tencent Music. Alibaba has also recently been the subject of a formal anti-trust probe by the Chinese regulators.
Alibaba has been increasingly acquiring online music services in China. The company is the dominant player in the music market in Hong Kong, but is less strong in smaller cities. Alibaba recently acquired a minority stake in NetEase Cloud Music, a music company co-founded by Alibaba founder Jack Ma. Alibaba is looking to expand its music offering by investing about $700 million in the company. Despite the recent acquisition, Xiami is still mired in lawsuits and has suspended most of its core services.
Alibaba is a web commerce giant with a market capital of $207 billion. While Alibaba’s music services have less than seven million monthly active users, Alibaba is investing heavily in the music industry. Alibaba also recently acquired a minority stake in NetEase Cloud Music, a music streaming service with 99 million users. However, the two companies remain far apart in terms of growth and revenues.
It has been acquired by e-commerce giant Xiami alibaba
The music streaming service Xiami was acquired by Alibaba in 2013. Founded in 2006, Xiami’s original founders had a vision to monetize music, and four of the five founders had previously worked at Alibaba. Alibaba’s acquisition comes after an antitrust investigation into the Chinese e-commerce giant.
Alibaba’s acquisition of Xiami has made a lot of people unhappy. The company’s streaming service has been popular for its high-quality music, but that is about to change. On February 5, Xiami will stop operating its regular streaming service and will switch to a “to-business” platform.
Alibaba has also announced that it will shut down its music streaming service, Xiami Music. Xiami Music was once a dominant taste-making platform in China, but has been struggling to grow since being acquired by Alibaba. Alibaba Group has recently faced regulatory scrutiny in China, and the closure of Xiami Music is a sign that more changes are ahead.
Alibaba has been aggressive in the digital music market. Xiami Music was one of the first Chinese digital music platforms. It was popular with indie musicians and music aficionados. But it was also hit hard by fierce competition in the digital music sector. Xiami was acquired by Alibaba Group in 2013 and gained access to Alibaba’s resources.
Alibaba has also made major investments in the online streaming industry. It has recently invested $700 million in NetEase Cloud Music. This acquisition is one of the largest in the history of the online music streaming business. Alibaba is also investing in the music streaming industry, and its investments in NetEase Cloud Music are a signal of the company’s confidence in the music industry of Look Xiami Alibaba 22.4m Maus Oct.
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