Xiami Music, the pioneering Chinese music streaming service owned by Alibaba Group Holding (which owns the Post), will close next month after management admitted it missed “crucial opportunities” in ...

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 ...

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. Xiami’s closure also ...

One of China’s first music-streaming sites is pulling the plug next month after 12 years of entertaining millions of listeners. Xiami Music will discontinue its services from Feb. 5 “due to ...