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NetEase Suspends Operations of LBS Platform

Sina Tech, 11/08/12

Chinese internet company NetEease's (Nasdaq: NTES) LBS platform, Netease Bafang (http://bafang.163.com), has announced on its official website and microblog that the service is halting operations, pending corporate restructuring. Launched in September 2010, the platform has been online for only two years. NetEase Bafang has not yet mentioned plans for user data migration or answered user questions regarding compensation.

Editor's Note: For more background on this topic, please see "NetEase Launches LBS Platform" MD 9/20/10 issue.

Keywords: NetEase NTES Bafang LBS

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