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Alibaba to Shutter Its Xiami Music App Next Month

Alibaba Group announced Tuesday that it will close down its streaming platform Xiami Music on Feb. 5, as it struggles to keep up with competitors Tencent Music and NetEase in China’s competitive digital music sector. Xiami Music will cease operations due to “business development-related adjustments,” pivoting to become more of a music industry service provider, […]

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