NetEase, Inc. (NTES) Cuts Funding to Nagoshi Studio

NetEase, Inc. (NASDAQ:NTES) is one of the best metaverse stocks to buy, according to analysts. On March 7, Bloomberg reported that NetEase, Inc. (NASDAQ:NTES) will cut off funding to a studio led by Yakuza franchise creator Toshihiro Nagoshi. NetEase, Inc. (NTES) Cuts Funding to Nagoshi Studio The move is part of the company’s broader strategy to shrink game development activities. The company has been reducing its overseas investments as it faces rising costs for AAA game development. It also underscore ...