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Company:
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NETEASE, INC. (NTES)
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Form Type:
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S-8
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Filing Date:
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10/15/2019
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CIK:
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0001110646
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Address:
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26F SP TWR D TSINGHUA SCIENCE PARK BLD 8
NO.1 ZHONGGUANCUN E RD HAIDIAN DISTRICT
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City, State, Zip:
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BEIJING, 100084
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Telephone:
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86 10 8255-8163
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Fiscal Year:
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12/31
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Last Trade
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Last Trade:
$290.39
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Change:
-0.84 (-0.29%)
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Trade Time:
01:51 PM EST
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Market Cap:
$937.93B
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Description of Business
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Our business was founded in June 1997, and we began offering search services and
free web-based e-mail starting mid-1997 and early-1998, respectively. In
mid-1998, we changed our business model from a software developer to an Internet
technology company and commenced developing the NetEase websites. In mid-1999,
we established our advertising sales force to sell advertisements on the NetEase
websites and also began to offer online platforms and provide online shopping
mall and other online services in China. In 2001, we also began focusing on
fee-based premium services and online entertainment services, including online
games, wireless value-added services, premium e-mail services and other
subscription-type services. We launched our two e-commerce platforms, Kaola and
Yanxuan, in January 2015 and April 2016, respectively.
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