Operator [Interpreted] Thank you, management for taking my question. First of all, regarding [indiscernible] PC. It is a stable and strong game franchise for the East, but the tweaks made in the game recently received mixed user feedback. I would just also note that there are adjustments after 20th of May. Could management discuss the strategy to handle the pushback from users? And when do you expect the game performance to stabilize? In addition, I noticed there are more games having adjustments on the in- ...

05/23/24 [1] As used in this announcement, non-GAAP net income attributable to the Company's shareholders and non-GAAP basic and diluted net income per share and per ADS are defined to exclude share-based compensation expenses. See the unaudited reconciliation of GAAP and non-GAAP results at the end of this announcement. Director of NetEase. "We remain committed to innovation and genre expansion by leveraging our strong R&D capabilities while exploring more opportunities through collaboration with talent an ...

HANGZHOU, China, May 23, 2024 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), a leading internet and game services provider, today announced its unaudited financial results for the first quarter ended March 31, 2024.First Quarter 2024 Financial HighlightsNet revenues were RMB26.9 billion (US$3.7 billion), an increase of 7.2% compared with the first quarter of 2023.Games and related value-added services net revenues were RMB21.5 billion (US$3.0 billion), an increase o ...

HANGZHOU, China, May 20, 2024 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), one of China's leading internet and online game services providers, today announced an exciting product lineup, content reveals and plans for over 40 game franchises and products at its annual product launch event on May 20.The 120-minute online event showcased an array of NetEase's vibrant and diversified gaming offerings across genres and platforms. Some highlights from the event include: ...

HANGZHOU, China, May 13, 2024 /PRNewswire/ -- Cloud Music Inc. (HKEX: 9899, "NetEase Cloud Music" or the "Company"), a leading interactive music streaming service provider in China, today announced that it has entered into a licensing agreement for digital music distribution ("the Agreement") with Kakao Entertainment Corp. ("Kakao Entertainment"), a leading entertainment company in South Korea, granting NetEase Cloud Music the right to distribute Kakao Entertainment's music catalog in China. Under the terms ...

HANGZHOU, China, April 29, 2024 /PRNewswire/ -- Cloud Music Inc. (HKEX: 9899, "NetEase Cloud Music" or the "Company"), a leading interactive music streaming service provider in China, today announced that it has entered into a licensing agreement for digital music distribution ("the Agreement") with JYP ENTERTAINMENT Corp. ("JYP Entertainment"), a leading entertainment company in South Korea, granting NetEase Cloud Music the right to distribute JYP Entertainment's music catalog in China. Under the terms of ...

HANGZHOU, China, April 25, 2024 /PRNewswire/ -- NetEase, Inc. ("NetEase" or "the Company,"NASDAQ: NTES and HKEX: 9999) today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023. The annual report can be accessed on the Company's investor relations website at http://ir.netease.com/. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. ...

FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | |-------|--------------------------------------------------------| | | NETEASE, INC. | | | (Exact name of Registrant as specified in its charter) | | | N/A | | | (Translation of Registrant's name into English) | | | Cayman Islands | Table of Contents Indicate the number of outstanding shares of each of the issuer's classes of capital or common stock as of the close of the period covered ...

11 Apr 2024 Renewed agreement with Blizzard; expect games revenue growth to reaccelerate in 2H24E NetEase on 10 Apr announced the renewal of publishing agreement with Blizzard Entertainment to bring Blizzard game titles back to China. Popular titles such as World of Warcraft, Hearthstone, and Diablo will return to the Chinese market sequentially starting in summer 2024. NetEase also reached an agreement with Microsoft to bring NetEase titles to Xbox and other platforms. We expect the return of Blizzard game ...

交银国际研究 公司更新 网易 (NTES US) 暴雪恢复合作对短期业绩影响有限，提升海外长期合作空间 近期流水更新：我们根据第三方追踪的网易流水数据显示，《射雕》（3 月 28 日上线）表现不及预期，估算手游首月流水 1-2 亿元，低于我们此前 预期的 5-8 亿元，《逆水寒》3 月流水降至 7 亿元，考虑新游上线或集中 在 2 季度末，我们预计网易 1 季度/2 季度手游收入同比增速约为 10%，略 低于此前预期，后续《永劫无间手游》、《燕云十六声》等新游确立上线 时间将为游戏增长带来更多确定性。预计全年游戏收入增 12%，其中端游 /手游分别增 15%/10%。 估值：我们基于近期流水波动，下调 2024 年收入/利润预期 2%/4%，基于 18 倍 2024 年游戏市盈率不变，目标价从 135 美元/206 港元下调至 127 美 元/194 港元（9999 HK），期待今年重磅手游《永劫无间手游》、《燕云 十六声》上线提振游戏收入增长，维持买入。 收盘价 目标价 潜在涨幅 美元 100.62 美元 127.00↓ +26.2% 互联网 2024 年 4 月 10 日 4 月 10 日暴雪中国与网易共 ...