Marvel Rivals CEO won't hesitate to pull the plug on more games and studios: "Support for a project may be increased or withdrawn entirely" [Yahoo! Finance]
NetEase, Inc. - American Depositary Shares, each representing 5 ordinary shares (NTES)
Last netease, inc. - american depositary shares, each representing 5 ordinary shares earnings: 2/26 06:00 pm
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Source: Yahoo! Finance
NetEase CEO Ding Lei has said the company will "aggressively and decisively discontinue" games that don't pull in the big bucks, just a week after laying off developers who worked on the big buck-printing Marvel Rivals The media conglomerate just released its financial results for the fiscal year ending December 30, 2024, where it revealed its games business made around $11 billion and re-emphasized what a huge hit Marvel Rivals has been: "Marvel Rivals topped Steam's global top sellers chart shortly after its launch on December 6, amassing over 10 million registered users within 72 hours and over 40 million to date." But the company also fired the majority of the game's US-based developers earlier this month as it reportedly looks to slim down teams outside of China. Star Wars Eclipse and Heavy Rain developers Quantic Dream even had to come out and assure fans that it would "remain unaffected" by the turmoil. When asked about the situation, CEO Ding Lei didn't do much to assua
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News
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- Video games can teach designers deeper lessons than ‘high score streaks' and gamification [Fortune]Fortune
- Zacks Industry Outlook Highlights Criteo and NetEase [Yahoo! Finance]Yahoo! Finance
- How Investors May Respond To NetEase (SEHK:9999) Earnings Beat and Expanded Shareholder Returns [Yahoo! Finance]Yahoo! Finance
NTES
Earnings
- 11/20/25 - Beat
NTES
Sec Filings
- 11/20/25 - Form 6-K
- 11/13/25 - Form 13F-HR
- 11/6/25 - Form 6-K
- NTES's page on the SEC website