Multiple sources have confirmed that Chinese tech companies NetEase and JD.com are set for secondary listings in the Hong Kong Stock Exchange in June.
Chinese video game and entertainment company NetEase beat analyst expectations for its first quarter revenues as the company increased its online games revenue with new game launches and further monetized its music streaming app.
Game developer NetEase is eyeing a secondary listing in Hong Kong that could happen as early as the second half of 2020.
China’s video game market saw substantial growth during the first quarter of 2020 as people were required to stay at home to prevent the spread of COVID-19.
Chinese game publishers Tencent and NetEase respectively dominated in first and second, while some other famous game developers such as FunPlus, Lilith, IGG, 37Games are also listed.
Without further delay, here are our top 10 picks for Chinese mobile games that are flourishing overseas.
On November 24, a former NetEase employee suffering from a terminal illness spoke up on social media, accusing the gaming giant of unfair treatment.
Youdao, the online education subsidiary of Chinese tech giant NetEase, made its debut on the New York Stock Exchange late on October 25.
Episode 53 of TechBuzz China is about NetEase.
The case regarding where NetEase's cross-border e-commerce platform Kaola will end up has been closed, as Alibaba acquired the branch for $2 billion.
Chinese e-commerce giant Alibaba is in talks with NetEase to acquire its cross-border e-commerce platform Kaola. Once the two agree on final details, Kaola would merge with Alibaba's cross-border arm Tmall, according to LatePost on Aug. 14.
On Aug. 7, NetEase, one of China's leading internet and online game services providers, announced its unaudited financial results for the second quarter ended June 30, 2019.
Chinese internet company NetEase announced today its strategic investment in Montreal-based game development company Behaviour Interactive.
Amazon China and NetEase Kaola, a cross-border e-commerce, are negotiating to merge their overseas purchase business. Led by Kaola, the merger might be completed by split-offs.