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 Websoft Holdings Limited (NDWTY) generates a steady flow of news around its dual focus on online gaming and education technology, as well as its broader role in building internet communities. Company announcements frequently cover developments in its "AI+Gaming" and "AI+Education" strategy, partnerships with governments and international organizations, and progress in its U.S.-listed education subsidiary Mynd.ai.
On this page, readers can follow updates on NetDragon’s gaming and application services business, including performance of flagship IPs such as Eudemons Online, Heroes Evolved, Conquer Online, and Under Oath, along with new game pipelines and AI-enabled features like AI companions, AI-powered cheat detection, and AI Content Factory integration in game production. News also highlights participation in events like the Digital China Summit, where NetDragon showcases VR and AR cultural tourism projects and AI-driven gaming innovations.
NetDragon’s news flow also reflects its expanding footprint in global education. Articles detail AI education platforms co-developed with Thailand’s Ministry of Higher Education, Science, Research and Innovation, digital school transformation projects with Cameroon’s Ministry of Secondary Education under a World Bank-supported program, and collaborations with UNESCO, including the E-Library for Teachers and participation in UNESCO’s Digital Learning Week. Coverage further includes NetDragon’s presence at United Nations expert meetings, where it presents frameworks such as On-Demand Learning and its education metaverse concept EDA.
Investors and observers can also track financial result announcements, dividend decisions, and strategic alliances, such as the partnership between NetDragon’s subsidiary Cherrypicks and AI company Zhongke WengAI. Bookmark this page to monitor NDWTY news on earnings, AI initiatives, education projects, and gaming milestones as reported in official company communications.
Summary not available.
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.
Summary not available.
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.
FAQ
What is the market cap of Netdragon Websft (NDWTY)?
