NetEase
Coverage of NetEase in the Nexus archive.
- NetEase: Q2 Earnings Snapshot
NetEase Inc. reported a net income of $1.03 billion and posted revenue of $4.44 billion during its second quarter. The company stated that the profit stood at $1.60 per share, with adjusted earnings coming to $1.77 per share.
- Chinese dad sues online gaming companies for US$1.5 to force strict anti-addiction rules
A Chinese father whose son swallowed 18 fever pills due to gaming addiction sued four gaming companies, seeking symbolic compensation of 10 yuan (US$1.5) to enforce stricter anti-addiction measures for minors. The lawsuit targets Tencent, NetEase, miHoYo, and 37 Interactive Entertainment, with the father hoping for court supervision to ensure companies prevent excessive gaming by minors.
- China's 'Seven Titans' tech stocks slump as deflation overpowers AI boom
China's 'Seven Titans' tech stocks have declined as deflationary pressures outweigh the AI boom's positive impact. The slump highlights economic challenges overshadowing advancements in artificial intelligence.