Netease Cloud Music (09899.HK) issued a statement on its official Weibo, urging Tencent (00700.HK) QQ Music to immediately stop "plagiaristic innovation, derivative creativity, and follower updates."
Cloud Music stated that the recently launched DIY music player features and the vinyl-style creative competition have been rapidly copied by QQ Music, emphasizing that product differentiation and variance are the charms of the internet, and innovation is always the most important spirit of the internet.