STOCK TITAN

NetEase Showcases Latest Game Advancements at 2024 Annual Product Launch Event

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

NetEase showcased over 40 game franchises and products at its 2024 annual product launch event on May 20 in Hangzhou, China. The 120-minute online event highlighted a diversified range of gaming offerings across various genres and platforms. Key announcements included new game titles like 'Where Winds Meet,' 'NARAKA: BLADEPOINT Mobile,' 'Once Human,' 'Ashfall,' and 'Lost Light.' NetEase also revealed plans for expansions, crossovers, and new events for established titles such as 'Fantasy Westward Journey,' 'Westward Journey,' 'Justice,' 'Eggy Party,' 'Racing Master,' and 'Identity V.' Additionally, the event featured insights into ongoing collaborations with global partners, including behind-the-scenes stories from the producer of 'Marvel Snap.'

Positive
  • Showcased over 40 game franchises and products.
  • Announced new game titles such as 'Where Winds Meet,' 'NARAKA: BLADEPOINT Mobile,' 'Once Human,' 'Ashfall,' and 'Lost Light.'
  • Revealed dedicated layouts and plans for further extending iconic titles.
  • Highlighted numerous reveals from collaborations with global partners.
  • Demonstrated commitment to offering diversified and exhilarating gaming experiences.
Negative
  • No financial performance data provided in the announcement.
  • Lack of specific release dates and detailed revenue projections.
  • Uncertainty around the financial impact of new game releases and updates.

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:

  • Exciting new game plans and content updates, such as: Where Winds Meet (an open-world action-adventure RPG), NARAKA: BLADEPOINT Mobile (a melee-focused hero battle royale), Once Human (a supernatural open-world survival game), Ashfall (a cross-platform post-apocalyptic MMORPG) and Lost Light (an endless loot shooting game), for domestic audiences;

  • Dedicated layouts and plans to further extend the appeal of iconic titles, such as new expansion packs, crossovers, gameplay and upcoming events for games including Fantasy Westward Journey series, Westward Journey series, Justice series, Eggy Party, Racing Master and Identity V, among others; and

  • Numerous reveals from games collaborated between NetEase and its global partners. For instance, the producer of Marvel Snap introduced behind-the-scenes stories of its inspirations and other anecdotes.

First introduced in 2015, NetEase's product launch event is an annual celebration and carnival for developers, players and NetEase partners. This year's presentations again demonstrate NetEase's unwavering commitment to offering players the best and most exhilarating gaming experiences possible.

About NetEase, Inc.

NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase") is a leading internet and game services provider centered around premium content. With extensive offerings across its expanding gaming ecosystem, the Company develops and operates some of the most popular and longest running mobile and PC games available in China and globally.

Powered by one of the largest in-house game R&D teams focused on mobile, PC and console, NetEase creates superior gaming experiences, inspires players, and passionately delivers value for its thriving community worldwide. By infusing play with culture, and education with technology, NetEase transforms gaming into a meaningful vehicle to build a more entertaining and enlightened world.

Beyond games, NetEase service offerings include its majority-controlled subsidiaries Youdao (NYSE: DAO), an intelligent learning company with industry-leading technology, and Cloud Music (HKEX: 9899), a well-known online music platform featuring a vibrant content community, as well as Yanxuan, NetEase's private label consumer lifestyle brand. For more information, please visit: http://ir.netease.com/.

Forward-Looking Statements

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "aim," "anticipates," "future," "intends," "plans," "believes," "may," "estimates," "potential," "continue," "ongoing," "goal," "targets," "guidance," "commits" and similar statements. Among other things, statements that are not historical facts, including statements about business plans and projections and statements about the launch of new games and their popularity among players in different markets, are or contain forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement. All information contained in this announcement is as of the date of this announcement and is based on assumptions believed to be reasonable as of this date. You should not rely upon these forward-looking statements as predictions of future events. For further discussions of these and other risks, see the company's filings with the U.S. Securities and Exchange Commission and The Stock Exchange of Hong Kong Limited. The Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Investor Enquiries:

Investor Relations team
NetEase, Inc.
ir@service.netease.com
Tel: (+86) 571-8985-3378
X: https://twitter.com/NetEase_Global 

Media Enquiries:

Li Ruohan
NetEase, Inc.
globalpr@service.netease.com
Tel: (+86) 571-8985-2668
X: https://twitter.com/NetEase_Global 

 

Cision View original content:https://www.prnewswire.com/news-releases/netease-showcases-latest-game-advancements-at-2024-annual-product-launch-event-302149780.html

SOURCE NetEase, Inc.

FAQ

What new games did NetEase announce at the 2024 annual product launch event?

NetEase announced new titles including 'Where Winds Meet,' 'NARAKA: BLADEPOINT Mobile,' 'Once Human,' 'Ashfall,' and 'Lost Light.'

What are some of the iconic titles that NetEase plans to extend?

NetEase plans to extend titles such as 'Fantasy Westward Journey,' 'Westward Journey,' 'Justice,' 'Eggy Party,' 'Racing Master,' and 'Identity V.'

Did NetEase reveal any collaborations during the 2024 product launch event?

Yes, NetEase revealed numerous collaborations with global partners, including behind-the-scenes stories from the producer of 'Marvel Snap.'

What was the duration of NetEase's 2024 annual product launch event?

The event lasted 120 minutes.

When and where was NetEase's 2024 annual product launch event held?

The event was held online on May 20, 2024, in Hangzhou, China.

Youdao, Inc.

NYSE:DAO

DAO Rankings

DAO Latest News

DAO Stock Data

443.42M
20.21M
3.78%
47.54%
0.33%
Elementary and Secondary Schools
Educational Services
Link
United States of America
Hangzhou