NetEase Inc - ADR

NASDAQ:NTES  
84.69
-1.42 (-1.65%)
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Market Cap (Intraday)55.60B
Current PE3.31
Forward PE 18.74
2yr Forward PE 16.22
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Estimates Current Quarter
Revenue$3.67 Billion
Adjusted EPS$1.11
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10-Day MA$89.51
50-Day MA$92.72
200-Day MA$95.93
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NetEase Inc - ADR Stock, NASDAQ:NTES

NetEase Building, No. 599 Wangshang Road, Hangzhou, Zhejiang 310052
Phone: +86.571.8985.3378
Number of Employees: 32064

Description

NetEase, Inc. is an internet technology company, which engages in the provision of premium online services centered around content, community, communication and commerce. It develops and operates some of the most popular PC-client and mobile games in China. The firm also operates some of the most popular international online games in China by partnering with Blizzard Entertainment, Mojang AB (a Microsoft subsidiary) and other global game developers. NetEase also offers other services, including the intelligent learning services of its majority-controlled subsidiary, Youdao, its music streaming platform, NetEase Cloud Music, and its private label e-commerce platform, Yanxuan. The company operates through the following business segments: Online Game Services, Youdao, Cloud Music, and Innovative Businesses and Others. The Online Game Services segment produces online PC-client games. The Youdao segment is an online education service provider in China. The Cloud Music segment represents revenue from online music services through the sales of membership subscriptions in various content and service packages. The Innovative Businesses and Others segment offers other services, which includes live video streaming and its private label e-commerce platform, Yanxuan. The company was founded by Lei Ding in June 1997 and is headquartered in Beijing, China.