NetEase Inc. (NASDAQ: NTES)
Electronic Gaming & Multimedia · Hangzhou, China · Founded 1997
- Market capitalization: $60.0 billion
- Annual revenue: $1.41 billion
- Net income: $-0.02 billion
- Employees: 33,000
- Sector: Communication Services
- Headquarters: Hangzhou, China
- Founded: 1997
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NetEase is a Chinese internet giant best known for its gaming business, which rivals Tencent's in quality if not scale. They develop and operate massively popular games like Fantasy Westward Journey, Naraka: Bladepoint, and Eggy Party. They also run music streaming (Cloud Music), education, and e-commerce businesses.
In-game purchases and microtransactions drive the gaming revenue. NetEase Cloud Music earns from subscriptions and advertising. Youdao (education) and Yanxuan (e-commerce) are smaller but growing segments. The gaming business generates the vast majority of profits.
Founded in 1997 by William Ding (Ding Lei), NetEase started as a portal site before pivoting to gaming. They partnered with Blizzard Entertainment to operate World of Warcraft in China for 14 years before the relationship ended acrimoniously in 2023. The company has been expanding globally with original game titles.
| Market Capitalization | $60.0B |
| Annual Revenue | $1.41B |
| Net Income | $-0.02B |
| Profit Margin | -1% |
| Revenue per Employee | $42727K |
| Stock Exchange | NASDAQ |
| Ticker Symbol | NTES |
Financial data is approximate and based on most recent annual filings.
The Blizzard-NetEase breakup left millions of Chinese World of Warcraft players stranded — it was one of the messiest gaming divorces ever. William Ding was briefly the richest person in China in 2003.
NetEase is the most underappreciated gaming company in the world. Their original IP development capability is genuinely world-class, and the global expansion is just getting started.
What is NetEase Inc.'s revenue?
NetEase Inc. generates approximately $1.41 billion in annual revenue.
How many employees does NetEase Inc. have?
NetEase Inc. employs approximately 33,000 people worldwide.
What is NetEase Inc.'s market cap?
NetEase Inc. (NTES) has a market capitalization of approximately $60.0 billion on the NASDAQ.
When was NetEase Inc. founded?
NetEase Inc. was founded in 1997 and is headquartered in Hangzhou, China.
Who is the CEO of NetEase Inc.?
William Ding is the current CEO of NetEase Inc..
What is NetEase Inc.'s website?
NetEase Inc.'s official website is netease.com.
| CEO | William Ding |
| Sector | Communication Services |
| Industry | Electronic Gaming & Multimedia |
| Founded | 1997 |
| HQ | Hangzhou |
| Country | China |
| Website | netease.com |
See traffic, security, and technical data for NetEase Inc.'s website:
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