Physix Frontier
NetEase
IPOUSD 120M
IPO Price: USD 15.50 (per ADS); Market Cap at Listing: Not publicly disclosed (bubble period, subsequently shrank significantly); Shares Issued: 4.5M ADS; Lock-up Period: Standard 180-day lock-up | Source: Prospectus/Exchange Disclosures
View funding history →- Data cutoff
- 2026-10-03
Company Profile
NetEase, a veteran Chinese internet firm, applies AI vertically rather than building general models. Its Youdao Zi Yue LLM serves education, while Fuxi AI supports gaming. This scenario-driven approach differentiates its AI capabilities within specific business ecosystems like music and content.
- Founded
- 1997
- Headquarters
- Hangzhou, China
- Website
- www.163.com
- Listing
- HKEX · 09999.HK