NetEase.com
NetEase.com, Inc. is a leading China-based Internet technology company that pioneered the development of applications, services and other technologies for the Internet in China. NetEase’s online communities and personalized premium services have established a large and stable user base for the NetEase websites which are operated by its affiliates. In particular, NetEase provides online game services to Internet users through the in-house development or licensing of massively multi-player online role-playing games, including Fantasy Westward Journey, Westward Journey Online II, Westward Journey Online III, Tianxia II and Datang. NetEase also offers online advertising on its websites which enables advertisers to reach its substantial user base.
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Deutsche raises NetEase target price despite WoW server delay
Deutsche Bank has raised its target price on NetEase.com from US$35 to US$41, and is maintaining a Buy rating.
The delayed launch of its World of Warcraft (WoW) servers in China is a blow in the short term. But according to Deutsche analysts, the company's partnership with game publishers Activision Blizzard secures long term success, naming NTES as the best play in the sector.
