[Source: China Business News]
On August 19, the topic "NetEase Cloud Music collapsed" topped the list of hot searches on Weibo.
On social platforms, you can see various posts posted by netizens about the crash of NetEase Cloud Music. Some are unable to load song playback information, some are unable to log in to the server, the page is blank, etc.
Many netizens said, "It turned out that it crashed. I thought it was because my network was not good." "I thought it was because my phone was stuck. I uninstalled it and downloaded it again." "So why? It's so baffling."
In response, NetEase Cloud Music officially responded that due to infrastructure failure, all terminals of NetEase Cloud Music cannot be used normally, and repairs are currently being stepped up.
NetEase Cloud Music crashed
On August 19, many netizens reported that NetEase Cloud Music was suspected of crashing. Related topics topped the list of hot searches. According to reports, various functions such as the member center, creator center, and mall in the NetEase Cloud Music app cannot be opened and used normally.
After actual testing by reporters, it was found that the NetEase Cloud Music web page currently displays 502 bad gateway, and the mobile app cannot be used normally. And not only NetEase Cloud Music, but also the homepage of NetEase's official website could not be opened normally for a time, and it also showed 502 bad gateway.
NetEase Cloud Music emergency response:
did not delete the library, did not run away, and compensated
At around 3:20 pm on the 19th, NetEase Cloud Music’s official Weibo responded: “Hello everyone, due to infrastructure failure, resulting in All terminals of NetEase Cloud Music cannot be used normally. We are working hard to fix it. We are very sorry. Thank you all for waiting. "
Regarding "the downsizing caused the crash", "the computer room has been relocated, there are always many problems in the new computer room" and "the development has been deleted and the database has been run away". After waiting for the rumors, a person related to NetEase Cloud Music responded to reporters saying that the above are all untrue news. "The current failure has nothing to do with the computer room. The cause of the system crash is still under investigation."
However, for now, the company's accident has not had an impact on the company's stock price. As of the close of trading, the company's stock price rose 2.89% today.
NetEase Cloud Music's 2023 financial report:
Turned losses into profits for the first time with a net profit of 734 million yuan
According to the reporter's previous review, NetEase Cloud Music's 2023 financial report showed that NetEase Cloud Music's net income in 2023 was 7.87 billion yuan, net Profit was 734 million yuan.
Thanks to the increase in membership subscription revenue and the continuous optimization of operational efficiency and cost control, NetEase Cloud Music's profit reached a new high in 2023, achieving an annual turnaround for the first time, and its gross profit margin increased from 14.4% in 2022 to 2023. 26.7%.
According to the financial report, the number of monthly active users of NetEase Cloud Music’s online music service will still increase to 206 million in 2023, a year-on-year increase of 8.7%. The online music business continued to grow year-on-year, with the number of monthly paying users reaching 44.12 million, a year-on-year increase of 15.3%, and the payment rate reaching 21.4%.
Thanks to the expansion of membership, membership income continues to grow. In 2023, revenue will be 3.65 billion yuan, a year-on-year increase of 20.2%. The monthly income per paying user of online music services has increased to 6.9 yuan.
Online music service revenue reached 4.35 billion yuan, a year-on-year increase of 17.6%; social entertainment services and other revenue were 3.52 billion yuan, and the number of monthly paying users of social entertainment services increased to 1.6 million, a year-on-year increase of 20.3%.
[Source: China Business News]
On August 19, the topic "NetEase Cloud Music collapsed" topped the list of hot searches on Weibo.
On social platforms, you can see various posts posted by netizens about the crash of NetEase Cloud Music. Some are unable to load song playback information, some are unable to log in to the server, the page is blank, etc.
Many netizens said, "It turned out that it crashed. I thought it was because my network was not good." "I thought it was because my phone was stuck. I uninstalled it and downloaded it again." "So why? It's so baffling."
In response, NetEase Cloud Music officially responded that due to infrastructure failure, all terminals of NetEase Cloud Music cannot be used normally, and repairs are currently being stepped up.
NetEase Cloud Music crashed
On August 19, many netizens reported that NetEase Cloud Music was suspected of crashing. Related topics topped the list of hot searches. According to reports, various functions such as the member center, creator center, and mall in the NetEase Cloud Music app cannot be opened and used normally.
After actual testing by reporters, it was found that the NetEase Cloud Music web page currently displays 502 bad gateway, and the mobile app cannot be used normally. And not only NetEase Cloud Music, but also the homepage of NetEase's official website could not be opened normally for a time, and it also showed 502 bad gateway.
NetEase Cloud Music emergency response:
did not delete the library, did not run away, and compensated
At around 3:20 pm on the 19th, NetEase Cloud Music’s official Weibo responded: “Hello everyone, due to infrastructure failure, resulting in All terminals of NetEase Cloud Music cannot be used normally. We are working hard to fix it. We are very sorry. Thank you all for waiting. "
Regarding "the downsizing caused the crash", "the computer room has been relocated, there are always many problems in the new computer room" and "the development has been deleted and the database has been run away". After waiting for the rumors, a person related to NetEase Cloud Music responded to reporters saying that the above are all untrue news. "The current failure has nothing to do with the computer room. The cause of the system crash is still under investigation."
However, for now, the company's accident has not had an impact on the company's stock price. As of the close of trading, the company's stock price rose 2.89% today.
NetEase Cloud Music's 2023 financial report:
Turned losses into profits for the first time with a net profit of 734 million yuan
According to the reporter's previous review, NetEase Cloud Music's 2023 financial report showed that NetEase Cloud Music's net income in 2023 was 7.87 billion yuan, net Profit was 734 million yuan.
Thanks to the increase in membership subscription revenue and the continuous optimization of operational efficiency and cost control, NetEase Cloud Music's profit reached a new high in 2023, achieving an annual turnaround for the first time, and its gross profit margin increased from 14.4% in 2022 to 2023. 26.7%.
According to the financial report, the number of monthly active users of NetEase Cloud Music’s online music service will still increase to 206 million in 2023, a year-on-year increase of 8.7%. The online music business continued to grow year-on-year, with the number of monthly paying users reaching 44.12 million, a year-on-year increase of 15.3%, and the payment rate reaching 21.4%.
Thanks to the expansion of membership, membership income continues to grow. In 2023, revenue will be 3.65 billion yuan, a year-on-year increase of 20.2%. The monthly income per paying user of online music services has increased to 6.9 yuan.
Online music service revenue reached 4.35 billion yuan, a year-on-year increase of 17.6%; social entertainment services and other revenue were 3.52 billion yuan, and the number of monthly paying users of social entertainment services increased to 1.6 million, a year-on-year increase of 20.3%.
Source: "China Business News" is compiled from "Securities Times", Brokerage China, @NetEase Cloud Music, "21st Century Economic Report", etc.
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