Profile
Sector:
Communication ServicesIndustry:
Electronic Gaming & MultimediaCountry:
ChinaIPO:
30 June 2000Website:
http://netease.gcs-web.comNext earnings report:
23 August 2024Last dividends:
06 June 2024Next dividends:
N/APrice
after hours | Mon, 01 Jul 2024 23:12:31 GMTAnalysts recommendations
Institutional Ownership
NTES Latest News
On May 6, 2024, Youdao, Inc. ("Youdao" or the "Company") (NYSE: DAO), a leading intelligent learning company in China, stated that it will release its financial results for the first quarter of 2024 on Thursday, May 23, 2024, before the U.S. markets open. The earnings call with a webcast will be held at 6:00 a.m.
Growing dividend payouts reflect a company's successful nature, opting to share a growing portion of profits with shareholders.
NetEase's (NTES) Q4 results are expected to benefit from the new additions to its gaming portfolio, which have driven user growth.
HANGZHOU, China , Feb. 7, 2024 /PRNewswire/ -- Cloud Music Inc. (HKEX: 9899 or the "Company"), a well-known online music platform featuring a vibrant content community, today announced that it will report its financial results for the fiscal year of 2023 ended December 31, 2023 on Thursday, February 29, 2024, after the Hong Kong market closes. The Company's management will host an earnings conference call at 7:00 p.m.
HANGZHOU, China , Feb. 7, 2024 /PRNewswire/ -- Youdao, Inc. ("Youdao" or the "Company") (NYSE: DAO), an intelligent learning company with industry-leading technology in China, today announced that it will report its fourth quarter and fiscal year 2023 financial results on Thursday, February 29, 2024, before the open of the U.S. markets. The earnings teleconference call with simultaneous webcast will take place at 5:00 a.m.
Beijing has quietly pulled the proposed curbs on the video game industry from the official website, weeks after the draft guidelines wiped tens of billions of dollars off the market value of local titans. The link to the draft rules was no longer accessible as of this morning, as first reported by Reuters.
China's gaming regulator has removed from its website rules it proposed last month aimed at curbing spending and rewards that encourage playing video games, checks by Reuters on Tuesday showed, in a move that boosted gaming company shares.
NetEase Inc is recommended as a buy with estimated per share values of $86.39, $98.15, and $104.17 in different scenarios. The recent drop in NetEase's share price due to new gaming regulations may be an overreaction from the market. The company's gaming division has historically shown decent revenue growth rates and operates with similar cost structures as peer companies.
The Internet-Software & Services industry is in recovery mode even as an economic slowdown looms large. NTES and OKTA are a couple that still look good.
The Chinese government has ousted a top official in charge of regulating the country's gaming industry, according to reports, in a likely effort to stem the damage from a stock market rout over proposed restrictions on online games in late December.
What type of business is NetEase?
NetEase, Inc. is a Chinese internet company that provides online services focusing on content, community, communication, and commerce in China. It was registered in the Cayman Islands on July 6, 1999 as NetEase.com, Inc., and in March 2012 changed its name to NetEase, Inc. The company's headquarters is located in Hangzhou, China. Since its founding, the company offered search services and free email. Over time, NetEase, Inc.'s business model underwent significant transformation. Drawing on knowledge of user needs and experience in execution, the company created a range of innovative and successful services, from email, music streaming services, and e-commerce under private label to internet media, intelligent learning, and more. Today, NetEase, Inc. is a media holding company comparable to Russian companies Yandex or Mail.ru Group, but focused on the domestic market.
What sector is NetEase in?
NetEase is in the Communication Services sector
What industry is NetEase in?
NetEase is in the Electronic Gaming & Multimedia industry
What country is NetEase from?
NetEase is headquartered in China
When did NetEase go public?
NetEase initial public offering (IPO) was on 30 June 2000
What is NetEase website?
https://netease.gcs-web.com
Is NetEase in the S&P 500?
No, NetEase is not included in the S&P 500 index
Is NetEase in the NASDAQ 100?
Yes, NetEase is included in the NASDAQ 100 index
Is NetEase in the Dow Jones?
No, NetEase is not included in the Dow Jones index
When does NetEase report earnings?
The next expected earnings date for NetEase is 23 August 2024