Latest Breaking News On - Li qingshan - Page 1 : comparemela.com
Speculation over whether Alibaba will re-enter music streaming gains traction after Tencent loses exclusive rights
asiaone.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asiaone.com Daily Mail and Mail on Sunday newspapers.
Speculation over whether Alibaba will re-enter music streaming gains traction after Tencent loses exclusive rights
thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
China Stocks Tumble After Beijing Said To Plan Edtech Crackdown, Will Convert Tutoring Firms Into Non-Profits
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.
Once a leader, Xiami saw its monthly active users (MAUs) fall to 22.4 million by October 2020, a tiny fraction of the 450 million for Tencent’s three music apps. Founder Wang Hao’s laid back style was reflected in Xiami’s philosophy of focusing on the music first but it may have also contributed to the decline. SCMP
Xiami Music, the pioneering Chinese music streaming service owned by Alibaba Group Holding (which owns the
Post), will close next month after management admitted it missed “crucial opportunities” in the battle with rival Tencent Music.
The story of Xiami is a cautionary tale of how a new product can win the hearts and minds of users but still fail in the marketplace despite being part of a much bigger corporation with deep pockets.