| Type | Public (NASDAQ: NTES) |
|---|---|
| Industry | Internet information providers |
| Founded | 1997[1] |
| Headquarters | Guangzhou, China |
| Key people | William Lei Ding, president, chairman, CEO |
| Employees | 4,563[2] |
| Website | 163.com |
NetEase (simplified Chinese: 网易; traditional Chinese: 網易; pinyin: wǎng yì) NASDAQ: NTES is a Chinese internet company that operates 163.com, a popular web portal which received over 546 million page views in June 2005. The company has grown rapidly since its founding in June 1997, thanks in part to its investment in search engine technology[3] and massively multiplayer online gaming. Fantasy Westward Journey, an MMORPG developed internally by NetEase, is an online game in China. NetEase.com,inc. (网易公司) has a market value of US$761.6 million[4] as of April 2006, and 1600 employees as of February 2006.[5]
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.[6] In April 2010, the site was the 28th most visited site in the world according to Alexa's internet rankings[7] 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.
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