FORM 6-K

                       SECURITIES AND EXCHANGE COMMISSION
                              Washington D.C. 20549

                            REPORT OF FOREIGN ISSUER
                    PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                           For the month of July 2003

                       Commission File Number: 333-100069

                                NETEASE.COM, INC.

                              Suite 1901, Tower E3
                           The Towers, Oriental Plaza
                               Dong Cheng District
                   Beijing, People's Republic of China 100738
                    (Address of principal executive offices)



Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20-F or Form 40-F.

                  Form 20-F         X         Form 40-F _______________
                            ----------------


Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(1):________________


Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(7):________________


Indicate by check mark whether by furnishing the information contained in this
Form, the registrant is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

                  Yes _____________    No      X
                                         ------------

If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b):

                  82-      N.A.
                      --------------

                               Page 1 of 5 Pages
                  The index of exhibits may be found at Page 2



                                NETEASE.COM, INC.

                                    Form 6-K

                                TABLE OF CONTENTS

                                                                            Page
                                                                            ----

Signature                                                                 Page 3

Press Release Regarding Closing of Offering                 Exhibit 99.1, Page 4
   of Zero Coupon Convertible
   Subordinated Notes

                                       2



                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

                                       NETEASE.COM, INC.


                                       By: /s/ Ted Sun
                                          -------------------------------
                                          Name:  Mr. Ted Sun
                                          Title: Acting Chief Executive Officer
                                                 and Director

Date:  July 14, 2003

                                       3



                                                                    Exhibit 99.1

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Press Release

Contact for Media and Investors:
Ms. Olive Wang
NetEase.com, Inc.
ir@corp.netease.com
8610-8518-0163, ext. 8243

Jessica Barist Cohen
Ogilvy Public Relations Worldwide
jessica.cohen@ogilvy.com
8621-6218-3009, ext. 238

              NetEase.com, Inc. Announces Completion of $75 Million
               Zero Coupon Convertible Subordinated Notes Offering

(Beijing, July 14, 2003) - NetEase.com, Inc. (Nasdaq: NTES) today announced that
it closed its sale of $75 million aggregate principal amount of Zero Coupon
Convertible Subordinated Notes due July 15, 2023, first putable July 15, 2006,
in a private offering. The initial purchaser has an option to purchase up to an
additional $25 million in aggregate principal amount of the notes, which is
exercisable for 30 days from July 8, 2003.

The notes do not bear interest, have a zero yield to maturity and are
convertible, subject to certain conditions, into NetEase's ordinary shares at a
conversion price of $0.4815 per ordinary share (equivalent to $48.15 per
American Depositary Share), subject to certain antidilution adjustments. NetEase
intends to use the net proceeds from this offering for general corporate
purposes, including potential future acquisitions.

The convertible subordinated notes were placed in a private placement
transaction pursuant to Rule 144A under the Securities Act of 1933. Neither the
convertible subordinated notes nor the ordinary shares of NetEase issuable upon
conversion of the notes have been registered under the Securities Act and may
not be offered or sold in the United States or to a U.S. person absent
registration or an applicable exemption from the registration requirements.

This press release does not constitute an offer to sell or the solicitation of
an offer to buy any security and shall not constitute an offer, solicitation or
sale in any jurisdiction in which such offering would be unlawful.

                                      * * *

This press release contains statements of a forward-looking nature. These
statements are made under the "safe harbor" provisions of the U.S. Private
Securities Litigation Reform Act of 1995. You can identify these forward-looking
statements by terminology such as "will," "expects," "anticipates," "future,"
"intends," "plans," "believes," "estimates" and similar statements. The accuracy
of these statements may be impacted by a number of business risks and
uncertainties that could cause actual results to differ materially from those
projected or anticipated, including risks related to: the risk that we may not
be able to satisfy our obligations under the indenture for the notes which could
lead to a default on the notes and an adverse effect on our business and
financial condition; the risk that we may



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not use the proceeds from this offering in a productive manner; and other risks
outlined in our filings with the Securities and Exchange Commission, including
our registration statement on Form F-1, as amended. NetEase does not undertake
any obligation to update this forward-looking information, except as required
under applicable law.