You are here

NetEase to spend US$11 billion on goods for Kaola e-commerce unit

China's 2nd-largest video game publisher ups the ante, banking on industry worth 500b yuan by 2021

Beijing

NETEASE INC, China's second-largest video game publisher, is deepening a push into e-commerce with plans to increase spending on products from the US, Europe and Japan to sell to local consumers.

The company's Kaola e-commerce business will buy about US$11 billion of

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom