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Netease

NetEase, Inc.
Netease logo 2.svg
Type of site
Public
Traded as NASDAQNTES
NASDAQ-100 Component
Founded June 1997; 19 years ago (1997-06)
Guangzhou, Guangdong, China
Headquarters Beijing, China
Founder(s) Ding Lei
Key people Qiu Shan Ge (CEO)
Industry Internet
Products Online services
Revenue IncreaseCN¥ 22.803 billion (2015)
Operating income Increase CN¥ 7.272 billion (2015)
Net income Increase CN¥ 6.735 billion (2015)
Total assets Increase CN¥ 41.157 billion (2015)
Employees 12,919 (December 2015)
Website 163.com
Alexa rank Negative increase 27 (April 2014)

NetEase, Inc. (simplified Chinese: 网易; traditional Chinese: 網易; pinyin: Wǎng Yì) is a Chinese Internet technology company providing online services centred on content, community, communications and commerce. Founded in 1997, the company was a key pioneer in the development of Internet services for China. Today, NetEase develops and operates some of China's online PC and mobile games, advertising services, e-mail services and e-commerce platforms.

NetEase has produced some of China's online PC-client games, including Fantasy Westward Journey II and New Westward Journey Online II, as well as other games, such as Tianxia III, Heroes of Tang Dynasty Zero and Ghost II. In partnership with Blizzard Entertainment, Inc., NetEase operates some international online games in China, including World of Warcraft, Hearthstone: Heroes of Warcraft, StarCraft II and Diablo III: Reaper of Souls.

NetEase offers multi-platform access to free and fee-based community and communication services, including websites, content channels, YiChat social instant messaging application, NetEase Mobile News Application, Youdao dictionary and Youdao cloud note-taking service.

NetEase is one of the providers of free e-mail services in China, offering features such as voice search and facial recognition. NetEase also offers fee-based premium e-mail services for corporate users. In addition, NetEase has ventures in e-commerce, with offerings such as Kaola, a cross-border e-commerce platform, and Wangyibao, an online payment system. Other online products offered include online video entertainment services: Bobo and CC.

The company has grown rapidly since its founding in June 1997, thanks in part to its investment in search engine technology and massively multiplayer online role-playing gaming. Fantasy Westward Journey, an MMORPG developed internally by NetEase, is an online game in China.

Ding Lei (Chinese: 丁磊; pinyin: Dīng Lěi, born October 1971), also known as William Ding, is the founder and CEO of NetEase. He made significant contributions to the development of computer networks in mainland China. According to Hurun Report's China Rich List 2013 he is the 25th wealthiest person in China with an estimated fortune of $4.2 billion. He was the wealthiest man in China at one point.


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