NTES News and Press, NetEase Inc. From 07/16/23

2023-07-16 11:29:50 ET Summary NetEase, a Chinese tech company, has promising future prospects in various sectors including gaming, e-commerce, and online education, but faces regulatory risks and intense competition from major players. The company has seen strong revenue and earn...

2023-07-16 11:00:00 ET The video game industry is one of the largest entertainment markets, but the recent sluggish sales performance of the leading players means investors can buy some of the industry's cream-of-the-crop at attractive valuations. Here's why France-based Ubisoft Enter...

2023-07-15 05:12:45 ET Summary Chinese video game company NetEase has a lot of potential for future growth in the mobile gaming industry. Solid financials also confirm that the company is being operated very commendably. NetEase's success in mobile gaming and its potential for...

2023-07-14 09:33:38 ET J.P. Morgan Securities raised NetEase's ( NASDAQ: NTES ) estimates after strong performance of Justice Mobile/Racing Master, and reiterated the company's stock as top pick in China online gaming sector. J.P. Morgan analysts raised their 2023/24E EPS for Ne...

NetEase Cloud Music and RYCE Entertainment Form Strategic Partnership PR Newswire HANGZHOU, China , July 14, 2023 /PRNewswire/ -- Cloud Music Inc. (HKEX: 9899, "NetEase Cloud Music" or the "Company"), a well-known online music platform featuring a vibrant content...

2023-07-02 09:31:00 ET The music industry is set for another heavy structural change as the decade plays out, Goldman Sachs says, and that will call for a "coordinated and collaborative response" from the main players to hold on to sustainable growth and capture new opportunities. The 2...

2023-07-01 10:03:00 ET U.S. videogame sales rebounded with a strong year-over-year gain in May, with no small thanks due to a new game from a venerable Nintendo ( OTCPK:NTDOY ) franchise. Overall sales rose 12% to $4.118B from last May's $3.665B, according to research group Circana....

Rolling Out to Global Territories Starting Today Warner Bros. Games and NetEase, Inc. (NASDAQ: NTES; HKEX: 9999) today announced Harry Potter: Magic Awakened , the highly anticipated, free-to-play collectible card roleplay game (RPG) set in the wizarding world is now available. ...

2023-06-22 07:00:00 ET Summary Akatsuki Inc. has a massive war-chest of over 45 billion yen in net cash, almost 2x the company's market cap, that can be deployed very profitably into video games and web-comics. Currently, Akatsuki is already a dominant player in the Japanese 'Gach...

2023-06-18 10:31:30 ET Summary Emerging markets and commodities are showing strength amid a weak USD, which has a historical negative correlation with these sectors. Risk-on currencies like the Australian Dollar and Canadian Dollar have broken out against the USD, providing a supp...