NETEASE OPENS AUCTION WEBSITE

AsiaInfo Services, November, 1999

AsiaInfo Services 11-29-1999 Netease Opens Auction Website CHINA, November 29, AsiaPort -- Netease Internet Corporation officially introduced its auction website: auction.163.com on Tuesday in Beijing. It marked the company's attempt to enrich its Internet content services by stretching e-commerce business into the auction arena after having successfully conducted these kinds of services since early July.

Netease has so far auctioned many products on-line including computers, cameras, personal homepages and film tickets. Copyright 1999 AsiaInfo Services (via Comtex). All rights reserved

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