| Description: | Net Ease, Inc. engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally. The company operates through Games and Related Value-Added Services; Youdao; Cloud Music; and Innovative Businesses and Others segments. It develops and operates PC and mobile games, as well as offers games licensed from other game developers. The company's products and services include Youdao Dictionary, an online knowledge tool; Youdao Translation, a tool specifically designed to support translation needs of business and leisure travelers; U-Dictionary, an online dictionary and translation app; Youdao Kids' Dictionary, a smart and fun tool; smart devices, such as Youdao Dictionary Pen, Youdao Smart Learning Pad, and Youdao Listening Pod; online courses; interactive learning apps; and education digitalization solutions, such as Youdao Smart Learning Terminal, a device that automates paper-based homework processing; Youdao Smart Cloud, a cloud-based platform that allows third-party app developers, smart device brands, and manufacturers to the company's OCR capabilities; and Youdao Sports, a sports-centric educational system. Its products and services include Net Ease Cloud Music, a music streaming platform; Yanxuan, an e-commerce platform, which sells private label products; www.16.com portal and related mobile app, Wangyi Xinwen, which deliver information such as news, sports events, technology, fashion trends, and online entertainment; Net Ease Mail, an email service; Net Ease CC Live streaming, a live streaming platform with a focus on game broadcasting; and Net Ease Pay, a payment platform. The company was formerly known as Net Ease.com, Inc. and changed its name to Net Ease, Inc. in March 2012. Net Ease, Inc. was founded in 1997 and is headquartered in Hangzhou, the People's Republic of China. |
