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NetEase Inc - NTES STOCK NEWS

Welcome to our dedicated news page for NetEase (Ticker: NTES), a resource for investors and traders seeking the latest updates and insights on NetEase.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect NetEase's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of NetEase's position in the market.

Rhea-AI Summary
Youdao, Inc. filed its 2023 Annual Report on Form 20-F with the SEC, showcasing its industry-leading technology in China. Shareholders can access the report on the company's website or the SEC's website. Hard copies are available upon request.
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NetEase, Inc. filed its annual report on Form 20-F for fiscal year 2023 and released its 2023 Environmental, Social, and Governance Report. Shareholders can access the report online or request a hard copy for free. The ESG report highlights the company's achievements in key areas.
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Pixelworks, Inc. (PXLW) announces the integration of IRX Rendering Accelerator SDK in Diablo Immortal, offering 120fps gaming with low power consumption. The mobile game replicates PC content for an immersive experience, overcoming mobile platform limitations. Collaboration with NetEase optimizes visual processing techniques for high-fidelity graphics and user interface flexibility.
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Blizzard Entertainment, Microsoft Gaming, and NetEase announce the return of beloved video game titles to mainland China in a renewed publishing deal starting summer 2024. The partnership aims to deliver exceptional gaming experiences to players across platforms and markets.
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NetEase, Inc. (NTES) to showcase game development expertise at the 2024 Game Developers Conference, highlighting innovative technologies and immersive gaming experiences. The company's presentations will cover topics like Chinese game studios, bug analysis, frustum culling, creature design, and the evolution of China's board game market.
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NetEase Cloud Music reports financial results for fiscal year 2023, with revenue of RMB 7.9 billion, a decrease of 12.5% compared to 2022. The company saw growth in online music services revenue but a decline in social entertainment services revenue. Gross profit increased by 62.6% to RMB 2.1 billion, and net profit reached RMB 734.2 million. Adjusted net profit was RMB 818.5 million. Key metrics like MAUs and paying users also showed positive trends.
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Youdao, Inc. announced its unaudited financial results for Q4 and FY 2023, with total net revenues of RMB5.4 billion, a 7.5% increase from 2022. Despite a decrease in net revenues from smart devices, the company saw growth in online marketing services. Gross margin was 51.4% for FY 2023. The company's AI technology integration and product launches contributed to improved financial performance.
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NetEase, Inc. announced its unaudited financial results for Q4 and fiscal year 2023, showcasing growth in net revenues, games, Youdao, Cloud Music, and innovative businesses. The company reported a 7.0% increase in net revenues, reaching RMB27.1 billion. Gross profit rose by 27.0% to RMB16.8 billion, with total operating expenses increasing by 13.0% to RMB10.0 billion. Net income attributable to shareholders was RMB6.6 billion, while non-GAAP net income was RMB7.4 billion. The company's successful games like Eggy Party and Justice franchises, along with improvements in Cloud Music and Youdao, contributed to the positive financial results.
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Cloud Music Inc. (HKEX: 9899) will report its financial results for the fiscal year of 2023 on February 29, 2024, after the Hong Kong market closes. The earnings conference call will be hosted at 7:00 p.m. Beijing/Hong Kong Time on the same day. Participants can register in advance and access the call via phone or webcast. A replay will be available through March 7, 2024.
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Rhea-AI Summary
Youdao, Inc. will report its Q4 and fiscal year 2023 financial results on February 29, 2024. The earnings teleconference call will take place at 5:00 a.m. Eastern Time. Dial-in details for the call are provided for the US, International, Mainland China, and Hong Kong. A live and archived webcast of the call will be available on the Company's investor relations website. A replay of the call will also be accessible by phone until March 7, 2024.
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NetEase Inc

NYSE:NTES

NTES Rankings

NTES Stock Data

62.18B
1.72B
1.38%
12.71%
0.6%
Software Publishers
Information
Link
China (Mainland)
Hangzhou

About NTES

NetEase, Inc. is a Chinese Internet technology company providing online services centered on content, community, communications, and commerce.