100AUDIO

100Audio’s Financing News Grabbing Mass Media’s Attention!

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The Asian leading commercial music marketplace-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. See more details: https://100audio.com/en/news-109

Once the financing news was released, it attracted widespread attention and occupied the headlines of 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.

Let’s see how they think about it!

1. Reports on Xinhua News Agency-National News Agency

 


Article Link:

http://xhpfmapi.zhongguowangshi.com/vh512/share/6061693?from=groupmessage&isappinstalled=0

Abstract:
Xinhua News Agency, founded in 1931, is the official state-run press agency of the People’s Republic of China. It is the biggest and the most prestigious national news agency in China and has a pivotal position in its industry.

Xinhua News Agency highly recognizes 100Audio’s technical strength and is highly optimistic about 100Audio’s future development as well as the commercial music market. What’s worth mentioning is that more than 300,000 reading volume has been reached in less than 3 days!

 

2. Reports on Cyzone-China’s TechCrunch in the USA

Article Link:

http://www.cyzone.cn/article/522219.html

Abstract:
Founded in June 2007 by the Ministry of Education of the People’s Republic of China, Cyzone is a leading professional entrepreneurial service platform in China. It is dedicated to helping entrepreneurs realize their entrepreneurial dreams and promote the development of high-growth enterprises in various fields.

 

3. Reports on Yidian Caijing-China’s Top Financial Media

 

Article Link:

http://www.yidiancaijing.xin/archives/1218

Abstract:
Founded in 2014, Yidian Caijing focuses on the investigation reports of listed companies and financial technology companies, famous for presenting the most valuable and most influential financial depth. In July 2018, it was listed as one of the media “you must read” by SFC. Yidian Caijing has a strong influence on the capital market.

Based on the development of China’s commercial music market, Yidian Caijing interprets the commercial logic of 100Audio and is very optimistic about the future development of 100Audio, which is expected to become the Chinese version of Audiojungle, a successful foreign marketplace for videos, music or more.

 

4. Reports on SooToo.com-China’s Leading Internet Industry Media

Article Link:

https://mp.weixin.qq.com/s/Rq0vEK_mVidTZ_QqrLbeKw

Abstract:

Founded in 2009, Sootoo.com is one of the leading Internet Industry media in China. By the end of 2018, it had covered more than 100 million readers worldwide, with over 100,000 registered authors and more than 2,000 active columnists.

In this article, it is believed that 100Audio provides new ideas and presents new possibilities for copyright monetization. As one segment of the music market, commercial music has a wide range of scenes and a good prospect. Because of this, 100Audio makes copyright monetization a reality and gains the capital’s favor.

 

5. Reports on Alter-the Opinion Leader in the Field of Digital Music

Article Link:

https://mp.weixin.qq.com/s/8VYNQvDoyL7nZbk1T1nkzw

Abstract:

As the well-known commentator, Alter Pro commented on current copyright issues and also gave high praise to 100Audio’s unique e-commerce model. Alter said that if the copyright owners of commercial music deal with copyright issues one by one, the manpower, material resources and time costs required may not be less than 100 billion. The exclusive copyright of 100Audio and the e-commerce model with Chinese characteristics have formed a variable that will stimulate market growth.

 

For the entire investment circle, the music e-commerce platform has sprung up. After the completion of the first round of financing, 100Audio will strengthen efforts to the cooperation with worldwide authors and reach a win-win relationship for all participants.

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