Netease (NASDAQ: ntES), founded by founder and CEO Mr. Ding Lei in Guangzhou in 1997, was listed on the Nasdaq Stock Exchange in 2000. It is a leading Internet technology company in China. In the development of Internet applications, services and other technologies, China has always maintained a leading position in the industry. With a strong sense of mission for the development of China's Internet and the vision of creating a better life, Netease uses the most advanced Internet technology to strengthen the exchange and sharing of information between people.
Netease has launched a variety of services such as portal website, online games, e-mail, online education, e-commerce, online music and Netease Bobo. Netease's headquarters project in Guangzhou Tianhe smart city is planned to be completed in January 2019, and Netease's game headquarters will be settled. In 2016, the game business accounted for 73.3% of Netease's total revenue. In 2011, Netease Hangzhou Research Institute was opened. Netease media and other businesses are in Beijing. In Hangzhou, Netease launched such projects as Netease koala shopping and Netease cloud music.
According to the financial report of Netease in 2019, the net income of Netease in 2019 is 59.24 billion yuan; based on non US general accounting standards, the net profit of going concern attributable to shareholders of Netease is 15.66 billion yuan.
In 2019, Netease will further promote its strategic focus, stick to the field of content consumption, and actively lay out core tracks such as games, education, music and e-commerce, making major breakthroughs. While maintaining steady growth, Netease Youdao, innovation and other business sectors have a strong potential to provide continuous momentum for the future long-term development.2021-01-31