NetEase beats Q1 revenue and earnings estimates with strong gaming growth, sending shares up over 4%. Gaming revenue jumps 12%, while other segments like Cloud Music and Youdao see declines ...

Also Read: NetEase Q4 Earnings: Revenue Miss, Gaming and Cost Controls Drive Margins, Boosts Dividend Youdao, Inc.’s (NYSE:DAO) revenue declined by 6.7% to $178.9 million, and the corresponding ...

Beyond games, NetEase service offerings include its majority-controlled subsidiaries Youdao (NYSE: DAO), an intelligent learning and advertising solutions provider, and NetEase Cloud Music (HKEX ...

NetEase president for global investments and partnership Simon Zhu has stepped down from his role. Zhu announced the news on LinkedIn last Friday (April 25), after working at the Chinese publisher ...

Chinese internet and video-gaming giant NetEase is shutting down one of its public cloud computing services amid intense competition in a crowded market. The Hangzhou-based company on Friday ...

Similarly, Youdao, NetEase's online education platform, is capitalizing on the increasing demand for digital learning content in China. The initial success of Marvel Rivals could mark the ...

NetEase is in an extremely strange position at the moment, with a massive success on their hands in the form of Marvel Rivals, but its reportedly about to slash through a number of studios leading ...

Youdao Revenue: RMB5.6 billion for 2024, up 4% year-over-year. NetEase Cloud Music Revenue: RMB8 billion for 2024, a slight increase of over 1% year-over-year. Gross Profit Margin: 62.5% for 2024 ...

Similarly, Youdao, NetEase's online education platform, is capitalizing on the increasing demand for digital learning content in China. The initial success of Marvel Rivals could mark the ...

Nonetheless, a new report suggests that NetEase, the game's China-based publisher, is taking aggressive cost-cutting measures leaving many global developers out of work, and at one point it ...

You can find them on X and Bluesky @chocobalt. Languages: English. Chinese tech giant NetEase has published its earnings report for the fourth quarter of the fiscal year 2024, posting strong ...