NetEase

NetEase, Inc.
Company typePublic
NasdaqNTES
SEHK9999
IndustryInternet
FoundedJune 1997 (1997-06)
FounderDing Lei
HeadquartersHangzhou, Zhejiang, China[1]
Key people
Ding Lei (CEO)
ProductsOnline services
Video games
RevenueIncrease CN¥ 59.24 billion (2019)[2]
Increase CN¥ 13.79 billion (2019)[2]
Increase CN¥ 21.43 billion (2019)[2]
Total assetsIncrease CN¥ 112.12 billion (2019)[2]
Number of employees
18,129 (December 2017)[3]
DivisionsNetEase YanXuan
NetEase Cloud Music
NetEase Games (Thunder Fire)
NetEase Games (Interactive Entertainment)
NetEase D&R Center Lab
NetEase Wisdom Enterprise
Youdao
NetEase News
SubsidiariesSee § Development studios
Website163.com

NetEase, Inc. (simplified Chinese: 网易; traditional Chinese: 網易; pinyin: Wǎngyì) is a Chinese Internet technology company providing online services centered on content, community, communications, and commerce. The company was founded by Ding Lei in 1997. It develops and operates online PC and mobile games, advertising services, email services, and e-commerce platforms in China. It is one of the largest Internet and video game companies in the world.[4] NetEase has an on-demand music-streaming service (NetEase Cloud Music). The video games include, Fantasy Westward Journey, Tianxia III, Heroes of Tang Dynasty Zero and Ghost II.[5] NetEase has partnered with Blizzard Entertainment to operate Chinese versions of their games, such as World of Warcraft, StarCraft II and Overwatch from 2008 to 2023.[6][7][8] In August 2023, NetEase launched an American studio led by Bethesda and BioWare veterans.[9]

  1. ^ "IR Contacts NetEase, Inc". ir.netease.com. Archived from the original on 19 April 2022. Retrieved 11 June 2020.
  2. ^ a b c d "NetEase Reports Fourth Quarter and Fiscal Year 2019 Unaudited Financial Results (PDF)". 26 February 2020. Archived from the original on 2 January 2022. Retrieved 4 May 2020.
  3. ^ "Investor FAQs". Archived from the original on 22 March 2019. Retrieved 3 August 2018.
  4. ^ "Tencent leads the top 25 public game companies with $10.2 billion in revenues | GamesBeat". venturebeat.com. Archived from the original on 30 May 2019. Retrieved 17 November 2017.
  5. ^ "NetEase Q2 earnings beat expectations with online game services reversing downtrend - ChinaKnowledge". chinaknowledge.com. 9 August 2018. Archived from the original on 1 November 2021. Retrieved 14 March 2021.
  6. ^ Minotti, Mike (11 January 2019). "Blizzard and NetEase extend Chinese publishing deal for Hearthstone, Overwatch, and more". Venture Beat. Archived from the original on 25 November 2021. Retrieved 18 May 2021.
  7. ^ "Blizzard Entertainment and NetEase Suspending Game Services in China". 16 November 2022. Archived from the original on 24 November 2022. Retrieved 24 November 2022.
  8. ^ Liao, Rita (17 November 2022). "Blizzard ends 14-year licensing deal with NetEase in China". TechCrunch. Archived from the original on 24 November 2022. Retrieved 24 November 2022.
  9. ^ Dealessandri, Marie (17 August 2023). "NetEase launches new US studio led by Bethesda and BioWare veterans". GamesIndustry.biz. Retrieved 19 January 2024.

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