NetEase
NetEase, Inc. is a Chinese internet technology company founded in June 1997 by Ding Lei and headquartered in Hangzhou. It listed on NASDAQ on July 1, 2000 (ticker NTES) and completed a secondary listing on the Hong Kong Stock Exchange in June 2020 (ticker 9999) (Wikipedia article, NetEase official website).
Main business lines
- Games: NetEase Games entered online games in 2001, develops and operates its own titles, and also publishes games from partners such as Blizzard (NetEase official website).
- Youdao: the business brand for learning, productivity, and intelligent tools, independently listed on the NYSE in October 2019; see the NetEase Youdao entry.
- NetEase Cloud Music: a music community platform launched in April 2013, listed on the Hong Kong Stock Exchange on December 2, 2021 (ticker 9899).
- Other businesses: Yanxuan (curated e-commerce, launched 2016), NetEase News (started 1998), and enterprise services.
Current status of each business should be read from the official pages.
Discussion in the show
In Weekly #002’s chapter “Voice input: friction beyond accuracy,” while discussing a new voice-input product from NetEase Youdao, Yang Pan says that “NetEase’s UU took off recently by reputation, since everyone operates their remote products,” and speculates that Youdao’s new product “is probably not the same team as UU, but it is NetEase’s, NetEase Youdao’s — probably riding on UU’s traffic” (paragraph in the Chinese transcript). This is a host’s speculation about relationships between product teams inside the company; the NetEase Youdao entry covers the same discussion.
Frequently asked questions
What company is NetEase?
NetEase is a Chinese internet technology company whose businesses span online games, Youdao learning services, NetEase Cloud Music, Yanxuan e-commerce, news media, and enterprise services. It was founded by Ding Lei in 1997 and is headquartered in Hangzhou.
When was NetEase founded and listed?
NetEase was founded in June 1997; it listed on NASDAQ on July 1, 2000 (NTES) and completed a secondary Hong Kong listing in June 2020 (9999).
Who founded NetEase?
NetEase was founded by Ding Lei in 1997 (Wikipedia article).
What is the relationship between NetEase and Youdao?
Youdao is NetEase’s business brand for learning, productivity, and intelligent tools, independently listed on the NYSE in October 2019; see the NetEase Youdao entry.