Alibaba takes a step back from entertainment business with closure of Xiami music app

Alibaba takes a step back from entertainment business with closure of Xiami music app

Photo by Fausto García on Unsplash

Alibaba Group will close its music streaming platform Xiami Music next month, in a move that marks a step back from its ambitions to push into China’s entertainment industry.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter