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Xiami, which means & 8220 mall shrimp in Chinese, was once known for its smart discovery, elegant design, social features and support for indie musicians, which helped attract a loyal following among China artsy, hipster types. The beginning of its decline coincided with the battle for music rights in China. A digital music behemoth was formed in 2016 when Tencent bought a majority stake in China Music Group, which brought to Tencent a reservoir of exclusive music deals. By 2017, Tencent music apps controlled as much as 75% of China music streaming market.Xiami, on the o
new balance herren ther hand, lost large quantities of music rights and, conseque
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newbalance schuhe eterans a songwriter and a music company executive to steer its newly minted music group. Neither was necessarily seen as having th