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NetEase, a Chinese tech giant, has emerged as a key player in Africa's seed-stage investment scene. Their unique focus on fintech, mobile payments, and AI-driven solutions has propelled startups like PalmPay to success. NetEase's deep understanding of the African market and its commitment to nurturing early-stage companies sets it apart in the investment landscape.

Type
Private Equity

NetEase's Portfolio in Africa

NetEase has made over 1 notable investments in African startups. Their most recent investment was in PalmPay, announced on November 13th, 2019.
NetEase's Latest news
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NetEase pops as China approves one mobile game, first since July 2021: report - Seeking Alpha

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NetEase, Inc. (NTES) CEO William Ding on Q2 2022 Results - Earnings Call Transcript - Seeking Alpha

NetEase's Investment activity in Africa

With over $40M invested in African startups, their latest investment was a Seed round in PalmPay, announced on November 13th, 2019, closing at $40M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Seed
PalmPay
NigeriaNov 13, 2019$ 40,000,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000

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NetEase's Investment Distribution in Africa.

NetEase's currently has Startuup investments spread across the following location(s)

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