No, Netease is a separate individual and is not owned by Tencent. Netease cooperates with Alibaba. 2065438+September 2009, Netease and Alibaba announced a strategic cooperation; Alibaba Group wholly acquired koala, a cross-border e-commerce platform under Netease, and Alibaba participated in the financing of Netease Cloud Music as the leading investor. Netease was founded by founder and CEO Mr. Ding Lei on 1997 and listed on Nasdaq Stock Exchange in 2000. It is a leading Internet technology company in China. China has always maintained a leading position in the development of Internet applications and services. With a strong sense of mission to the development of Internet in China and a vision of creating a better life, Netease uses the most advanced Internet technology to strengthen information exchange and enjoyment between people.