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Digital Music News on MSNNetEase Cloud Music Sues SM Entertainment Over Alleged ‘Market Abuse’ — Trial Reportedly Set for August 6th
That’s according to coverage surfacing out of China, where NetEase Cloud Music has reportedly sued SM for “market abuse.” As described by Technode and others, the claims center on exclusive licensing ...
NetEase Cloud Music’s revenues were $256.1 million, down 8.4%, and its gross margin declined by 123 bps to 36.7%, primarily due to decreased net revenues from its social entertainment services.
Revenue from Youdao was down 6.7%, NetEase Cloud Music fell 8.4%, and its innovative businesses unit declined 17.6% in Q1. In Q1, total gross profit climbed 8.6% to RMB 18.5B ($2.5B).
HANGZHOU, China, July 31, 2025 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), a leading internet and game services provider, today announced that it will ...
NetEase delivered strong 1Q25 results, beating revenue and earnings expectations on robust growth in original PC and mobile games. See why NTES stock is a Hold.
Through cloud processing architecture and optimized streaming protocols, you’re literally one tap away from console-quality gaming. Let’s explore how your Android device can transform into a ...
Amid all these developments, here are my predictions as CEO and founder of a cloud gaming service that I believe industry leaders should look out for. 1. Games will evolve into simulated, open ...
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