Alibaba to Shut Down Its Xiami Music Streaming App Next Month Due to 'Operational Adjustments'

Xiami's closure does not mark the end to Alibaba's participation in the online streaming market. In September 2019, it invested $700 million in one of Xiami's competitors, NetEase Cloud Music.

from Top Tech News- News18.com https://ift.tt/3rUJQKv