∗NetEase Archives - Page 3 of 4

Naraka: Bladepoint Issued 6 Million Copies Worldwide, Sets Record For Sales of Chinese Buyout Games

The sales volume of Naraka: Bladepoint had exceeded 6 million copies on the 90th day of its global release, reaching a new record for the sales volume of a Chinese buyout game.

NetEase Cloud Music Reaches Strategic Cooperation with Emperor Entertainment, Bringing Key Advantages to Platform

On Tuesday, Chinese online music platform NetEase Cloud Music announced its strategic cooperation with Emperor Entertainment (Hong Kong) Limited.

NetEase’s Youdao to Spin Off Disciplinary Tutoring Business of Compulsory Education Stage

On September 30, Netease’s Youdao announced that it plans to sell its off-campus tutoring business of compulsory education stage, with the sale expected to be completed before the end of this year.

NetEase Investes $120 Million in Overseas Game Company Kepler Interactive

Game publisher Kepler Interactive said Tuesday that it had received $120 million in funding from Chinese game developer NetEase, Reuters reported.

China VC Weekly: Autonomous Driving, AR and Gaming

In last week’s VC news, General Motors invests in Chinese autonomous driving startup Momenta, Nreal raises new funds for international expansion, NetEase invests in game publisher Kepler Interactive.

Chinese Gaming Organization and 213 Gaming Firms Including Tencent and NetEase Launch Convention Against Game Addiction

On Thursday evening, a committee under the China Audio-Video and Digital Publishing Association, together with Tencent, NetEase and 213 other gaming firms, launched a convention on online gaming anti-addiction.

NetEase Founder Denies Rumors that China Will Suspend Approval of New Online Games

Up to now, Chinese regulators have not yet released information to dispel the rumors, but gaming shares have all fallen. Tencent Holdings and Bilibili fell by over 8%, while NetEase fell by over 11%.

Chinese Gaming Companies Disclose Proportion of Income from Minors for First Time

Chinese regulatory authorities issued a notice calling for the strengthening of measures to prevent minors from spending too much time playing games. Many Chinese gaming companies have responded quickly.

Chinese Authorities Summon Gaming Firms Including Tencent and NetEase

On Wednesday, Chinese market regulators summoned Tencent, NetEase and other key online game companies, account rental and sales platforms and livestreaming platforms.

Facing Strict Regulation, NetEase’s Game Revenue Growth Falls to Single Digits

NetEase released its financial report for the second quarter of 2021 on Tuesday. Under the background of tighter supervision, the growth rate of NetEase's game revenue dropped to single digits.

Huawei’s Dictionary Pen Launched on Zhixuan and Youdao, Priced at 999 Yuan

Netease's Youdao and Huawei Zhixuan launched an Intelligent Dictionary Pen on Wednesday, at a price of 999 yuan ($154).

NetEase Cloud Music Passes HKEX Listing Hearing

On Thursday afternoon, NetEase Cloud Music, a popular Chinese music streaming platform, passed its listing hearing with the Hong Kong Stock Exchange and will start offering shares soon.

NetEase’s Cloud Music Streaming Service Mulls $1 Billion Hong Kong IPO

Chinese internet giant NetEase announced it plans to spin off Cloud Village, the operator of its music streaming service NetEase Cloud Music, in an IPO on the Hong Kong Stock Exchange.

Tencent Weibo Exits Arena After a Decade of Battle Against Sina Weibo

Tencent on Sept. 4 announced to officially terminate the service and operation of its microblogging website Tencent Weibo at 11:59 pm on Sept. 28, Beijing local time.

Hong Kong’s Stock Exchange Reports Record First-half Profits

Hong Kong Exchanges & Clearing Ltd. (HKEX) on Wednesday reported record profits for the first six months of the year.

NetEase International Culture & Technology Complex Starts Construction in Qingpu, Shanghai

NetEase officially announced that its new International Culture & Technology Complex started construction from June 29 in Shanghai’s Qingpu district.

Elon Musk Sells L.A Mansion to NetEase CEO William Ding Lei

As Elon Musk announced not to hold physical property any more, he sold one of his Bel-Air Mansion in Los Angeles to NetEase CEO.

10 Things You Should Know About Kuaishou — TikTok Rival Zynn’s Parent Company

Kuaishou is one of China’s largest short video-sharing and livestreaming apps, which has also become a conspicuous power in China's e-commerce industry.

NetEase Makes Its Hong Kong Debut, Shares Pop 8% On First Day of Trading

NetEase carried out its secondary listing in Hong Kong on Thursday with shares popping as much as 8 percent on the first day of trading.

NetEase Sets Up Studio in Japan for Next-Gen Console Game Development

NetEase set up a new branch for developing console games in Tokyo Japan and spreading its influence in Japanese market.

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