Netease Stock News

The gaming industry is experiencing explosive growth, fueled by rapid technological advancements and soaring consumer demand. Valued at $220 billion in 2024, the gaming sector is projected to reach $260 billion by 2026.

The developer of newly released Marvel Rivals is trading at a cheap valuation despite the successful launch of their popular title in December. NetEase is trading at an 8.8x TTM free cash flow to enterprise value. As of Q3 2024, NetEase had ~$18.6 billion in cash and short-term investments with less than ~$1.6 billion in debt.

HANGZHOU, China , Dec. 11, 2024 /PRNewswire/ -- Netease Cloud Music's (NCM) Galaxy Album Writing Camp, a premier songwriting initiative, established to support domestic music artists, has expanded to embrace international music artists and songwriters aiming to enhance cross-market collaborations and cultural exchange. Into its 10th season, the Galaxy Album Writing Camp brought together talente...

NetEase's strong game development, operational excellence, and growth opportunities make it a compelling investment despite recent revenue fluctuations. Successful Blizzard partnership revival and strong performance in self-developed games highlight NetEase's resilience and growth potential. NetEase's technical expertise, community-building, and AI integration in games showcase its market posit...

NetEase, Inc. (NASDAQ:NTES ) Q3 2024 Earnings Conference Call November 14, 2024 7:00 AM ET Company Participants Brandi Piacente - Investor Relations William Ding - Founder, Director and Chief Executive Officer Bill Pang - Vice President of Corporate Development Conference Call Participants Lincoln Kong - Goldman Sachs Xueqing Zhang - CICC Ritchie Sun - HSBC Felix Liu - UBS Alicia Yap - Citigrou...

HANGZHOU, China , Nov. 14, 2024 /PRNewswire/ -- Youdao, Inc. ("Youdao" or the "Company") (NYSE: DAO), an intelligent learning company with industry-leading technology in China, today announced its unaudited financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial Highlights Total net revenues were RMB1.6 billion (US$224.1 million), representing a 2.2% incre...

BEIJING , Nov. 14, 2024 /PRNewswire/ -- Youdao, Inc. ("Youdao" or the "Company") (NYSE: DAO), an intelligent learning company with industry-leading technology in China, today announced that it will hold its annual general meeting of shareholders (the "AGM") at its offices at Building No.7, West Zone, Zhongguancun Software Park (Phase II), No.10 Xibeiwang East Road, Haidian District, Beijing, Pe...

NetEase has a strong history of developing successful games and maintaining profitability, with a focus on mobile-first gaming and robust intellectual property. The company demonstrates impressive net profit growth and competitive advantage through significant R&D investment and high insider ownership. Despite regulatory challenges in China, NetEase remains undervalued compared to competitors, ...