NetEase Inc - Company Profile
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Business Description
NetEase Inc (NetEase) is a China-based Internet technology company. The company focuses on fee-based premium services and online entertainment services, including online games, online music services, advertising services, wireless value-added services, e-mail services and other subscription-type services.
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R&D Overview
NetEase’s R&D arm focuses on developing computer software’s including online games software and application platforms. The company established multiple studios of game developers to research and develop new games and expansion packs. It strives to improve and enhance existing services with the evolving technological changes. It has R&D centers in Hangzhou and Guangzhou, China. In FY2022, the company incurred expenses of CNY15,039 million on R&D, which as a percentage of revenue, stood at 15.6%.
Business Segments
Overview
Provides online music services, Social Entertainment Services and Others.
Performance
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Overview
Offers licensed multi-player online role-playing games (MMORPGs), collectible card games, simulation games, and first-person shooter games to the Chinese market. Mobile games comprises both self-developed and licensed games across various genres. Distributes mobile games through proprietary distribution channels such as company-operated websites, and partnerships with iOS and Android-based application stores in China. Some of the mobile and PC-games include Tianxia III, Fantasy Westward Journey Online, New Westward Journey Online II, New Ghost and Justice.
Performance
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Overview
Develops online learning services such as digital content services, adult and vocational courses, STEAM courses and other courses such as China University MOOC. It operates in China and in various overseas markets. It also offers smart devices, education digitalization solutions and online knowledge tools.
Performance
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Overview
Offers various other online services such as e-commerce, advertising services, premium e-mail, and other value-added services.
Performance
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