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Microstock Photography Forum - General => Off Topic => Topic started by: NicolasKristen on May 08, 2019, 01:29

Title: Financing of Digital Music E-commerce Platform? Good or not?
Post by: NicolasKristen on May 08, 2019, 01:29
100Audio announced on April 25 that it has completed its first round of financing. The total financing amount is over 10 million RMB(1.5 million USD) from Forebright Capital.

So far, various media including Xinhua News Agency-National news agency, Zarrk-China’s leading mobile reading platform and Cyzone-China’s TechCrunch in the USA, etc gave comments to this kind of e-commerce marketplace. They are positive about this mode and company the representative of which is 100Audio.

100Audio is one leading commercial music marketplace in China. You could see it as the Chinese version of Audiojungle if you know Audiojungle. Based on the development of China’s commercial music market, comments from society interpret the commercial logic of 100Audio and is very optimistic about the future development of 100Audio.

How do you think of it and its future?