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The Latest Breaking News from William Ding

NetEase (NASDAQ:NTES) reported higher first-quarter revenue for 2026, driven by continued growth in its games business and stronger gross margins, while management highlighted momentum across major titles including Where Winds Meet, Marvel Rivals and the Fantasy Westward Journey franchise. Total ne

MarketBeat

Marvel Rivals was reportedly almost cancelled because the CEO of NetEase didn't want to pay Disney for the licenses

And who can blame him, really?

PC Gamer

NetEase denies report that its CEO tried to cut Marvel from Marvel Rivals because he didn't want to pay Disney for the license

NetEase also says its decision to cut ties with multiple global studios is not a "wide scale layoff"

GamesRadar

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NetEase Shares Gain Post Q1 On Solid Contributions From Steady Online Game Services

NetEase, Inc (NASDAQ:NTES) reported first-quarter FY22 revenue growth of 14.8% year-on-year to $3.7 billion. Segments and margins: Online game services revenues grew 15.3% Y/Y to $2.7 billion. The gross margin for online game services expanded by 50 bps to 65.1%. Youdao, Inc (NYSE:DAO) revenue decreased 10.4% Y/Y to $189.4 million, and the corresponding gross margin…

Benzinga

Alibaba, Other Chinese Stocks Pop As China's Top Economic Official Expresses Support For Digital Platform Ahead Of 2022 Election

China's top economic official offered an unusually public show of support for digital platform companies hinting toward possible ease in the ongoing crackdown, Bloomberg reports. The latest comments may inject much-needed confidence into the capital markets. Tencent Holding Ltd (OTC:TCEHY) and Alibaba Group Holding Limited (NYSE:BABA) combined lost over $1 trillion in market value post…

Benzinga

NetEase Clocks 23% Revenue Growth In Q4 Backed By Strength In Flagship Titles, New Games

NetEase Inc (NASDAQ:NTES) reported fourth-quarter FY21 revenue growth of 23.3% year-on-year to $3.82 billion, beating the consensus of $3.81 billion. Segments and margins: Online game services revenues grew 29.8% Y/Y to $2.7 billion. The gross margin for online game services expanded by 100 bps to 64.1%. Net revenues from Youdao Inc (NYSE:DAO) increased 20.5% Y/Y to $209.3…

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