The9 Limited

Last price update: 07 Oct 24 23:00 GMT

Price:
$7.60
Open:
$6.76
Previous close:
$6.69
Day's range:
$6.76 - $7.60
Year's range:
$3.55 - $10.00
Net Income per Share:
-5.97
Price-to-Earnings ratio:
-1.27
52-week Price Range:
$6.87
Volume:
$128,007.00
Average volume:
$18,357.00

Company profile for The9 Limited

The9 Limited logo

The9 Limited is a leading Internet company in the People’s Republic of China. Established in 1999, the company has been providing comprehensive internet services, such as cryptocurrency mining and NFTSTAR, a NFT trading and community platform. In February 2004, the company changed its name from GameNow.net Limited to The9 Limited.

The9 Limited was listed in Nasdaq Stock Exchange in July 2004 and is headquartered in Shanghai, China. As of 2019, the company had a staff of 1,109 and an annual turnover of nearly one billion USD. The9 Limited also offers services such as game operations, e-commerce, online payment and advertising services, as well as content streaming service.

The9 Limited’s cryptocurrency mining business is involved in the operations of Bitcoin, Ethereum, Ethereum Classic, Zcash, and other digital currency mining activities. Through its wholly-owned subsidiary, Shenzhen Hengcheng Mining Technology Co. Ltd, the company operates a large-scale cryptocurrency mining center, the Shenzhen Hengcheng Digital Currency Mining Base. Since 2018, the company has also been investing in exploration of blockchain and emerging technologies in the Artificial Intelligence and Internet of Things industries, respectively.

Moreover, The9 Limited has also invested in two blockchain companies, FINDX and Superbloom, and developed a blockchain technology called SYAs Group Blockchain, which applies blockchain technology to cross-border e-commerce and consumer finance. The company has also developed a complete blockchain infrastructure, comprising of PoS mining pool, smart contract trading platform, cryptocurrency wallet, and open source software.

The9 Limited is committed to providing user with a safe, secure, and interactive environment. To this end, The9 Limited has launched several initiatives, such as the establishment of NFTSTAR, which provides users with purchase, trade, and interactive activities. The company is also working with renowned venture capitals and internet giants such as Softbank China Venture and Tencent on various projects. With its vision to be the leading blockchain solutions provider in Asia, The9 Limited is constantly exploring opportunities to develop cutting-edge applications and services, as well as new products to better serve its customers.

Stock exchanges:
NASDAQ
Sector:
Communication Services
Industries:
Ticker:
NCTY
CIK:
1296774
ISIN:
US88337K2033
Website:
https://www.the9.com
Phone:
86 21 6108 6080
Origin:
China
Employees:
74