NetEase Forms Internet Finance Joint Venture

By | May 20, 2015

Scalper1 News

China-based gaming company and Web portal NetEase (NTES) announced Wednesday that its wholly-owned e-commerce subsidiary has agreed to form a joint venture focused on Internet crowdfunding and other Internet finance businesses. NetEase said that its Ujia E-commerce Co. subsidiary will form a joint venture with Everbright Securities and HNA Group. Shanghai-based Everbright Securities is a state-controlled brokerage, one of the largest securities Scalper1 News

Scalper1 News