NetEase Inc - NETTF stock
OTC Symbol: NETTF | OTC Tier: Pink Current
NetEase, Inc. (OTC: NETTF) is a Chinese technology company that was founded in 1997 by William Ding. The company is headquartered in Hangzhou, China, and has operations in a variety of industries, including online gaming, e-commerce, education, music streaming, and others.
NetEase is perhaps best known for its online gaming business, which includes popular titles such as Fantasy Westward Journey, New Ghost, and Westward Journey Online. The company is also involved in the development and publishing of mobile games, as well as the operation of its own game distribution platform.
In addition to gaming, NetEase operates a number of other businesses. The company's e-commerce business includes NetEase Yanxuan, a popular online retail platform that specializes in high-quality, private-label goods. The company's music streaming service, NetEase Cloud Music, is one of the most popular in China, with over 800 million registered users.
NetEase also operates an online education platform called Youdao, which offers a range of educational products and services, including online courses, test preparation materials, and language-learning tools.
In recent years, NetEase has expanded its operations to other markets, including the United States, Japan, and Europe. The company is listed on the NASDAQ stock exchange and has a market capitalization of over $80 billion USD as of April 2023.