|Traded as||NASDAQ: NTES|
|Founded||Guangzhou, Guangdong, China (June 1997 )|
|Headquarters||Guangzhou, Guangdong, China|
|William Lei Ding, CEO|
|Revenue||CN¥ 7.290 billion (2011)|
|CN¥ 3.323 billion (2011)|
|CN¥ 3.234 billion (2011)|
|Total assets||CN¥ 15.444 billion (2011)|
Number of employees
|10,004 (31 December 2014)|
NetEase, Inc. (simplified Chinese: 网易; traditional Chinese: 網易; pinyin: Wǎng Yì) is a Chinese Internet company that operates 163.com, a popular web portal ranked 27 by Alexa as of April 2014[update]. 163.com is one of the largest Chinese Internet content providers, and as such frequently appears in the top 10 domains used in spam.
The company has grown rapidly since its founding in June 1997, thanks in part to its investment in search engine technology and massively multiplayer online gaming. Fantasy Westward Journey, an MMORPG developed internally by NetEase, is an online game in China.
In 2004, NetEase's founder and chief architect William Ding (Ding Lei) won the Wharton Infosys Business Transformation Award for his innovative use of information technology. Ding became one of the wealthiest individuals in China after founding NetEase.
The 163.com domain attracted at least 1.8 million visitors annually by 2008 according to a Compete.com survey. In April 2010, the site was the 28th most visited site in the world according to Alexa's internet rankings and in August 2010, the site was the 27th most visited site drawing more traffic than the websites of AOL, BBC, Flickr, Craigslist, Apple, CNN, LinkedIn, Adobe, CNet, ESPN and several other heavy hitters.
On March 29, 2012, the company's official English name was changed from NetEase.com, Inc to NetEase, Inc.
Music streaming service
NetEase has an on-demand music-streaming service; 网易云音乐 (roughly "NetEase cloud music"). The service offers streaming from a vast library of music, and does not require first logging in. Since Grooveshark has been shut down, many people have been recommending this service.
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