NetEase Inc - Company Profile
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NetEase Inc (NetEase) is an internet technology and gaming company. It offers mobile and PC games, e-commerce, e-mail, advertising, online music services, live streaming, online education, and online advertising services. NetEase also offers multiplayer online role-playing games (MMORPGs), which is an interactive online games, and mobile games, which are played on mobiles using the internet. The company also operates international online games in China, including Westward Journey Online and Fantasy Westward Journey mobile games. The company carries out its operations in China through variable interest entities (VIEs) and subsidiaries in the British Virgin Islands, China, the Cayman Islands, and Hong Kong. NetEase is headquartered in Hangzhou, Zhejiang, China.
Headquarters
China
Address
Netease Building, No. 599 Wangshang Rd, Binjiang District, Hangzhou, Zhejiang, 310052
Website
www.163.com
Telephone
86 571 89852070
No of Employees
25,382
Industry
Technology and Communications
Ticker Symbol & Exchange
NTES (NASD)
Revenue (2024)
$15.7B
7%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
13.7%
(2024 vs 2023)
Market Cap*
$81.8B
Net Profit Margin (2024)
XYZ
6.3%
(2024 vs 2023)
* As of and is in US$
NetEase Inc premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| Advertising Services | Yanxuan |
| E-Mail Services | |
| E-Commerce Platform | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Corporate Changes/Expansions | In August, the company launched T-Minus Zero Entertainment. |
| 2023 | Others | In March, the company secured a licence for mobile combat game Mission Zero. |
| 2023 | Acquisitions/Mergers/Takeovers | In January, the company acquired SkyBox Labs, a gaming studio. |
Competitor Comparison
| Key Parameters | NetEase Inc | Google LLC | Microsoft Corp | JD.com Inc | Alibaba Group Holding Ltd |
|---|---|---|---|---|---|
| Headquarters | China | United States of America | United States of America | China | China |
| City | Hangzhou | Mountain View | Redmond | Beijing | Hangzhou |
| State/Province | Zhejiang | California | Washington | Beijing | Zhejiang |
| No. of Employees | 25,382 | - | 228,000 | 776,682 | 131,462 |
| Entity Type | Public | Private | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| William Lei Ding | Chief Executive Officer; Director | Executive Board | 2005 | 53 |
| Yingfeng Ding | Executive Vice President | Senior Management | 2016 | - |
| Paul W. Boltz, Jr. | General Counsel | Senior Management | 2024 | - |
| Sarah Ying Li | Head - Financial Reporting | Senior Management | 2024 | - |
| Alice Yu-Fen Cheng | Director | Non Executive Board | 2007 | 63 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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