Baidu in deal with NetEase Cloud Music

Baidu in deal with NetEase Cloud Music

2018/10/18

Internet search giant Baidu Inc said on Saturday it has strategically invested in NetEase Cloud Music, one of China’s major music live streaming services, and the two partners will carry out deep cooperation in content, traffic flow and copyright. According to Baidu, the high-quality content of NetEase Cloud Music will reach hundreds of millions of users by virtue of Baidu’s app, information flow and video platform. The two parties first will cooperate in the intelligent hardware sector. NetEase Cloud Music will access Baidu’s DuerOS conversation-based artificial intelligence system, so its users can enjoy an innovative music experience when at home or getting around, using intelligent human-machine interaction. Chinese internet company NetEase Inc will remain the controlling shareholder in NetEase Cloud Music after the investment, while Baidu will act as a strategic partner.

Source: Chinadaily




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