Tencent Francisco Beijing on October 4th news, according to foreign media reports, the NetEase (NASDAQ: NTES) announced that the company has with the U.S. Securities and Exchange Commission (SEC) submitted a secret NetEase media IPO (IPO) listing application draft.
documents show that the number of NetEase plans to provide and sell shares in the IPO trading and financing targets have not yet been decided.
said the IPO deal is expected to begin after the securities and Exchange Commission completes its review process and will be subject to market conditions.
prior to the evening of September 13th, foreign media have reported that NetEase will split the news business financing $300 million, financing may be carried out in the United States through the IPO, but it may also directly sell news services. At that time, the division is still in the planning stage, has sought to negotiate with potential buyers. But on the evening of September 14th, media reports NetEase, a public relations official responded that never heard of similar news.