Welcome to our dedicated page for Netdragon Websft news (Ticker: NDWTY), a resource for investors and traders seeking the latest updates and insights on Netdragon Websft stock.
NetDragon Websft Holdings Limited (NDWTY) is a global leader in creating immersive digital ecosystems through its pioneering work in online gaming and AI-driven education technology. This page serves as the definitive source for verified company announcements, providing investors and industry observers with timely updates on strategic developments.
Access comprehensive coverage of earnings reports, product launches, and partnership announcements across NetDragon's dual focus areas. The gaming section features updates on popular titles and platform innovations, while education updates track advancements in classroom technology through subsidiary Mynd.ai.
All content undergoes strict verification to ensure accuracy and relevance for financial decision-making. Users will find chronological updates on R&D breakthroughs, market expansions, and leadership initiatives that shape the company's trajectory in interactive entertainment and digital learning solutions.
Bookmark this page for direct access to NetDragon's official communications, including regulatory filings and technology white papers. Regular updates ensure stakeholders maintain current understanding of the company's AI integration strategies and global market positioning.
NetDragon Websoft Holdings Limited reported strong financial results for FY 2021, with revenue increasing by 14.6% year-over-year to RMB 7.0 billion. The gaming segment saw a 6.1% revenue growth, while the education segment achieved a remarkable 32.2% increase. The company maintained a robust net profit of RMB 1.1 billion, up 11.4% YoY. Significant milestones included a special interim dividend of US$100 million and ongoing share buyback initiatives. Management anticipates continued growth in both gaming and educational technologies.
Promethean has achieved carbon neutrality for the second consecutive year, enhancing its transportation efficiency by 61%. The company supports the Rimba Raya Biodiversity Reserve Project in Indonesia through carbon offset purchases, which aims to preserve biodiversity and reduce emissions. The project covers over 160,000 acres and aligns with 12 United Nations Sustainable Development Goals, benefiting local communities through job development and education. Promethean's commitment to carbon neutrality is part of its Corporate Social Responsibility program, aiming for net-zero emissions in the future.
NetDragon Websoft Holdings Limited announced that its subsidiary Promethean continues to lead the Interactive Flat Panel Displays (IFPD) market according to Futuresource Consulting's Q4 2021 report. Promethean achieved a 23.0% volume share from January to December 2021, maintaining its top position in the United States, United Kingdom, Ireland, and gaining ground in Germany. The demand for IFPD surged as education transitions back to in-person learning, highlighting Promethean's commitment to providing integrated solutions for schools, including interactive displays and teaching software.
Promethean, an education technology leader, received the Awards of Excellence: Best of 2021 from Tech & Learning for its ActivPanel. This recognition underscores the product's value in promoting teaching and learning across diverse environments. Promethean exhibits at TCEA 2022 from February 7-10, showcasing insights into the economic impact of interactive displays. The company will lead sessions focusing on improving student achievement and engagement, emphasizing innovation in educational technology.
NetDragon Websoft Holdings Limited announced the official launch of its new mobile game, Under Oath, with open beta testing starting on December 9, 2021. This new ACGN IP mobile game follows the success of previous titles like Eudemons and Heroes Evolved. In the first half of 2021, the gaming business saw a 12.2% revenue increase year-over-year to RMB1,847.5 million and a 13.3% rise in core segmental profit to RMB1,069.2 million. The company aims to enhance growth by optimizing its game portfolio and maximizing the value of its IPs.
NetDragon Websoft Holdings Limited announced that its subsidiary Neopets, Inc. successfully sold 4,233 NFTs from the Neopets Metaverse Collection between November 12 and November 15, totaling 8,708 SOLs. The company now holds over US$40 million in cryptocurrencies. This NFT sale generated significant interest among both Neopets enthusiasts and blockchain communities, reflecting high demand for digital memorabilia. Proceeds will fund further development of games across web and blockchain platforms, marking NetDragon's entry into the metaverse, leveraging its technology and gaming expertise.
On Nov. 1, 2021, Promethean, a leader in education technology, launched a new brand identity ahead of its 25th anniversary. The rebranding emphasizes a modern look and a mission to enhance educational experiences. With the tagline "Let's do something brilliant," Promethean aims to empower innovation through advanced interactive displays and robust services. The revamped website promises improved user experience, making it easier for customers to access product information. Testimonials affirm Promethean's impact on bridging the digital divide in education systems.
On November 8, 2021, Promethean will host the STEAM Forward online conference from 1:00 to 7:30 p.m. EST. The event focuses on enhancing hybrid and remote teaching through technology integration, featuring keynote speaker Danielle Feinberg from Pixar. Attendees can participate in various sessions, including talks by award-winning educators and industry experts. Registration is free, and participants are encouraged to engage on Twitter using the hashtag #STEAMForward21.
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