NetEase's Q3 earnings disappointed, with challenges in gaming dragging down results despite some growth in other segments.
Shares of the Chinese videogame giant were 13% higher by midday Friday, on track for their biggest one-day percentage gain in more than two years. The stock remains about 3.6% lower this year. NetEase ...
Chinese videogame giant NetEase posted lower net profit and revenue in the third quarter amid gaming-segment weakness and a ...
NetEase reported a 3.9% revenue decline in Q3 2024, beating analyst estimates. Strong performance in gaming and new releases.
NetEase shows strong net profit growth and competitive advantage in mobile gaming, despite regulatory challenges. Read more ...
The Hangzhou, China-based company said it had net income of $1.44 per share. Earnings, adjusted for stock option expense, were $1.66 per share. The internet technology company posted revenue of $3.73 ...
Two former NetEase executives and several ex-employees have been implicated in an alleged money laundering scheme at the ...
Nine NetEase employees have reportedly been detained on money laundering and bribery charges amounting to an estimated ...
There have been a few estimates for how much cash employees allegedly laundered. Some reports indicate up to 2 billion yuan ...
NetEase confirmed that police have taken the executives and employees into custody and are investigating money laundering ...
Chinese publisher NetEase Games fires two of its senior executive members who have been accused of money laundering and ...
As reported by Eurogamer, NetEase revealed in an internal memo that they have fired nine employees over bribery allegations.