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Chuan Netease launched an IPO in the United States without comment.

via:博客园     time:2019/5/27 11:35:05     readed:1041

Sina Tech, May 27 morning news, 36 krypton reported that NetEase has launched an IPO of U.S. shares and is currently in talks and cooperation with two well-known underwriters. In this case, NetEase has a clear view of this message,

On April 17, 2018, Netease Youdao announced the completion of the first round of strategic financing, led by Muhua Investment and joined by Junlian Capital, with a post-investment valuation of $1.1 billion. As a result, Netease has become the third independent financing brand of Netease and ranks among the unicorns.

Ding Lei, chairman and CEO of Netease, said at the time that online education would become the next eye-catching growth point on the Internet, and Netease Youdao has become an important main force of Netease education. Zhou Feng, senior vice president and CEO of Netease, said that financing mainly focuses on creating value for users. On the one hand, it creates high-quality curriculum content, and on the other hand, it increases the continuous research and development and investment in education science and technology.

Responsible Editor: Li Yuan

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