Ding Lei is always late, living in his own rhythm, either to remain silent, or suddenly choose to accidentally enter in a strange node.

Editor’s note: This article is from “ Tencent Deep Web “, Author: Xue Fang, editor: Kang Xiao.

Targeting:

  • Netease will be the first in the NetEase series to be listed separately before the music and games.

  • Ding Lei said that he is not pursuing short-term economic benefits. Netease will continue to transfuse blood. Netease Group provided a one-year loan of 878 million yuan.

  • Netease has formed a product matrix covering tools, courses, and hardware.

  • Ding Lei is always late, living in his own rhythm, either staying silent or suddenly choosing to accidentally enter at a strange node.

In the early morning of October 16, NetEase has updated its prospectus filed with the US Securities and Exchange Commission. It is expected to raise $116 million and issue a range of $15-18 per share. In addition, Netease CEO Ding Lei said that he is interested in buying ADS of no more than 20 million US dollars in the IPO.

Undoubtedly, in the four pillar businesses of NetEase Group (games, e-commerce, education, music), education has been highly anticipated by Ding Lei. In the first quarter earnings report conference in 2019, Ding Lei once said: “We will be more daring in Netease’s way, because online education is a very large track.”

According to Ai Media Consulting, China’s online education market will reach 433 billion in 2020. Nowadays, NetEase is about to go to the New York Stock Exchange. NetEase will be the first to split the independent listing business before the music and games.

The east side of the sunrise was raining in the west, and Netease Media, which had been waiting for many years, was not successfully listed. However, more than a month ago, NetEase Koala was sold to Alibaba by Ding Lei. The same as the original Netease pillar business, why go to a different fate?

Ding Lei’s preference

For a long time, Ding Lei has high hopes for Netease.

Netease insiders told the author of “Deep Net” that Netease’s multi-sector business considerations, he was a businessman first, then feelings, but in education, the feelings first. In the restructuring of the first half of this year, Ding Lei can also see the preference of Netease.

The first half of this year, with Netease Cloud Classroom and MO