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NetEase Cloud Music, Universal Music Group Enter Licensing Agreement For China
Netease Announces Full Exercise Of Over-Allotment Option
Netease Says Final Offer Price For International, Hong Kong Public Offering HK$123 Per Share
NetEase Inc is a technology company. The Company operates three business segments. The Online Game Service segment is engaged in developing and operating online game services that cover mobile games and personal computer (PC) games. The games include Westward Journey, Onmyoji series and so on. The Youdao segment provides intelligent learning services. Its products and services include Youdao Premium Courses, Youdao Dictionary and Youdao Dictionary Pen. The Innovative Businesses and Others segment provides products Netease Cloud Music, Netease Mail, Netease News and other products. The Company conducts its businesses both in domestic and international markets, including Japan, the United States, Europe and Southeast Asia.
No. 599 Wangshang Rd, Binjiang District
Chief Executive Officer, Director
Chief Financial Officer
Ting Bun Lee
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* NetEase raises at least $2.7 bln in secondary HK listing-sources
Chinese online gaming firm Netease raised at least $2.7 billion in a Hong Kong secondary offering after pricing its shares at HK$123 ($15.87) each, according to two sources with direct knowledge of the matter.
Chinese online gaming firm NetEase plans to raise about $2.6 billion to fund expansion through its secondary listing which began on Monday, a term sheet seen by Reuters showed, marking Hong Kong's largest equity deal so far this year.
Chinese tech group Netease Inc aims to raise between $2 and $3 billion in one of the largest equity deals so far this year when it launches a secondary listing in Hong Kong on Monday, said three people familiar with the transaction.
Chinese technology company NetEase plans to carry out a secondary listing on the Hong Kong Stock Exchange on June 11, which will be followed one week later by web retailer JD.com, four sources with direct knowledge of the matter said.
* Alibaba, PE firm Yunfeng to invest in Netease's music service (Adds comments by industry experts)
Alibaba Group Holding Ltd has agreed to pay $2 billion in cash to buy Chinese e-commerce firm Kaola, local news outlet Caixin reported on Friday. (http://bit.ly/2HcCI6C)
* NetEase to release game in China in partnership with Game Freak
China's content regulator on Friday said it has approved the monetisation of 95 new video games, including titles from Tencent Holdings Ltd and NetEase Inc.
China's content regulator on Friday said it has approved 95 new video games, including titles from Tencent Holdings Ltd and NetEase Inc.
Amazon.com Inc's Chinese joint venture is in talks about a merger with local e-commerce firm Kaola, which sells imported products in the Asian country, business magazine Caijing reported https://tech.sina.cn/i/gn/2019-02-19/detail-ihrfqzka7167698.d.html?from=wap on Tuesday.
Amazon.com Inc's Chinese joint venture is in talks for a merger with local e-commerce firm Kaola, which sells imported products in the Asian country, business magazine Caijing reported https://tech.sina.cn/i/gn/2019-02-19/detail-ihrfqzka7167698.d.html?from=wap on Tuesday.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.