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The Latest Breaking News from NetEase

NetEase is not suing Blizzard—The Chinese court system confused one angry man with a corporate behemoth

Yesterday's reports that NetEase was suing Blizzard were erroneous.

A single angry player might be suing Blizzard, not its former Chinese publisher

A single angry player might be suing Blizzard, not its former Chinese publisher

A new report claims one player is suing Blizzard, not NetEase

The gloves come off as NetEase sues Blizzard for $44 million

The gloves come off as NetEase sues Blizzard for $44 million

This relationship ended very badly indeed.

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NetEase reportedly suing Blizzard, seeking $43.5 million for player refunds

The lawsuit comes after Blizzard servers were shut down in China earlier this year

The Chinese versions of Blizzard's games may have been shut down over a big misunderstanding

A New York Times report says the bad blood came to a boil over a perceived threat during a licensing negotiation.

How to cope when you lose access to a digital world you love

US games developer Blizzard Activision has become embroiled in worldwide litigation relating to its proposed acquisition by Microsoft. It has also fallen out with its Chinese distributor NetEase. This might sound like news for the business pages only. But it has had tangible, real-world consequences.

The Conversation

China's NetEase criticizes Blizzard offer as unequal, unfair

China games company NetEase Inc. says it has rejected a proposal from World of Warcraft creator Activision Blizzard to temporarily extend its partnership while the U.S. company seeks a new partner, in an escalating public spat

The Independent UK

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China Approves 88 Games in January, Including Titles by Tencent and NetEase

China Approves 88 Games in January, Including Titles by Tencent and NetEase

China's video games regulator on Tuesday granted publishing licenses to 88 online games, including titles belonging to Tencent Holdings Ltd , NetEase Inc and miHoYo. Shenzhen-based Tencent, the world's largest gaming company, received at least one game license for a mobile game named "Yuanmengzhixing", the list published by the National…

Asharq Al-Awsat

China Allows Pokemon Game Into The Country As Gaming Crackdown Ends

China Allows Pokemon Game Into The Country As Gaming Crackdown Ends

The video game regulators in China has given a nod for release of 44 foreign video games as the country softens up on licensing.

Blizzard, NetEase gaming partnership in China to end

Blizzard, NetEase gaming partnership in China to end

American game developer Blizzard Entertainment says it will suspend most of its game services in mainland China after current licensing agreements end with Chinese games company NetEase

The Independent UK

China grants gaming license to NetEase, 1st since crackdown

China grants gaming license to NetEase, 1st since crackdown

China has granted a game license to its second largest gaming firm, NetEase, the first in over a year in a possible sign Beijing may be easing a crackdown on the industry

The Independent UK

Blizzard has reportedly canceled an unannounced Warcraft mobile game

Blizzard has reportedly canceled an unannounced Warcraft mobile game

Netease worked with Blizzard on a mobile Warcraft MMORPG for three years, but it was scrapped for business reasons.

USA Today Sports Media Group

Looking At NetEase's Recent Whale Trades

Looking At NetEase's Recent Whale Trades

A whale with a lot of money to spend has taken a noticeably bullish stance on NetEase. Looking at options history for NetEase (NASDAQ:NTES) we detected 12 strange trades.

Peering Into NetEase's Recent Short Interest

Peering Into NetEase's Recent Short Interest

NetEase's (NASDAQ:NTES) short percent of float has risen 434.52% since its last report. The company recently reported that it has 5.90 million shares sold short, which is 4.49% of all regular shares that are available for trading.

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Blizzard Entertainment Acquires This Boston-Based Studio For Undisclosed Terms

Activision Blizzard, Inc's (NASDAQ:ATVI) Blizzard Entertainment closed the acquisition of the Boston-based studio Proletariat. The financial terms of the transaction remain undisclosed. The acquisition will help better serve players in the multiplayer online role-playing game World of Warcraft. "Over the next two years, we plan to hire hundreds of the best developers to…

If You Invested $1000 In This Stock 15 Years Ago, You Would Have $25,000 Today

NetEase (NASDAQ:NTES) has outperformed the market over the past 15 years by 17.64% on an annualized basis producing an average annual return of 23.84%. Currently, NetEase has a market capitalization of $61.32 billion.

Meta's Biggest Rival Posts Visible Success On Gaming Foray Despite Bigger Rivals Like Tencent, NetEase

TikTok parent ByteDance Ltd's gaming foray exudes promise as spending across its mobile titles grew over the past year, according to Sensor Tower. The report highlighted TikTok owner generated $1 billion of player spending across its mobile games as of the year ended June 20, 2022, up 16% year-on-year. ByteDance had set…

China: Gaming Firm NetEase Sees Stocks Slump Amid Tech Crackdown

The Chinese government is imposing restrictions on gaming companies such as NetEase to prevent addiction. The measures are delaying the release of major titles such as “Diablo Immortal,” hurting the industry.

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USA Today Sports Media Group

Diablo Immortal delayed in China just days before launch

This delay comes after Diablo Immortal's official account on Weibo was banned.

Here's How Much $100 Invested In NetEase 15 Years Ago Would Be Worth Today

NetEase (NASDAQ:NTES) has outperformed the market over the past 15 years by 19.2% on an annualized basis producing an average annual return of 25.44%. Currently, NetEase has a market capitalization of $67.14 billion.

Why Bilibili Shares Are Plunging Today

Bilibili Inc (NASDAQ:BILI) reported first-quarter FY22 revenue growth of 30% year-on-year to $797.3 million, beating the consensus of $757.6 million. Drivers: Average monthly active users (MAUs) increased 31% Y/Y to 293.6 million, and Mobile MAUs rose 33% Y/Y to 276.4 million. Average daily active users (DAUs) climbed 32% Y/Y to 79.4 million, and Average…

Asharq Al-Awsat

China Approves 60 New Games

China has approved the release of dozens of new video games, boosting the shares of some of its biggest tech firms Wednesday on hopes that a long-running and painful crackdown on the sector is easing. The announcement follows a report in The Wall Street Journal on Monday that said regulators…

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…

USA Today Sports Media Group

NetEase expand into the US with their first studio, Jackalope Games

Jackalope Games will be based out of Austin, Texas and have “creative freedom and funding to create incredible new games” according to the press release.

Is NetEase a Good Chinese Stock to Own in 2022?

Shares of NetEase (NTES) are trading up more than 5% today, even as the S&P 500 is down more than 3%. Is the Chinese stock still a buy?.

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