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NetEase Inc (NTES.OQ)

NTES.OQ on NASDAQ Stock Exchange Global Select Market

220.69USD
16 Oct 2018
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$2.75 (+1.26%)
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Latest Key Developments (Source: Significant Developments)

Chinese Music Streaming Platform Netease Cloud Music Signs Copyright License Agreement With Loen Entertainment
Tuesday, 9 Oct 2018 

Oct 9 (Reuters) - NetEase Inc ::CHINESE MUSIC STREAMING PLATFORM NETEASE CLOUD MUSIC SIGNS COPYRIGHT LICENSE AGREEMENT WITH LOEN ENTERTAINMENT.NETEASE CLOUD MUSIC SAYS ALBUMS AND TRACKS FROM PERFORMERS INCLUDING IU, APINK AND CNBLUE ARE NOW AVAILABLE ON NETEASE CLOUD MUSIC.  Full Article

NetEase Says On Aug 9, Co Entered Into 3-Year $500 Mln Syndicated Facility Agreement
Friday, 10 Aug 2018 

Aug 10 (Reuters) - NetEase Inc ::NETEASE INC - ON AUGUST 9, CO ENTERED INTO A 3-YEAR $500 MILLION SYNDICATED FACILITY AGREEMENT - SEC FILING.NETEASE INC - TO USE PROCEEDS OF THE FACILITY FOR GENERAL CORPORATE PURPOSES.  Full Article

Netease QTRLY Diluted Earnings Per ADS $2.44
Thursday, 9 Aug 2018 

Aug 8 (Reuters) - NetEase Inc ::NETEASE REPORTS SECOND QUARTER 2018 UNAUDITED FINANCIAL RESULTS.Q2 REVENUE RMB 16.3 BILLION VERSUS I/B/E/S VIEW RMB 16.38 BILLION.QTRLY E-COMMERCE NET REVENUES WERE RMB4.4 BILLION (US$659.7 MILLION), AN INCREASE OF 75.2% COMPARED WITH Q2 OF 2017.QTRLY ONLINE GAME SERVICES NET REVENUES WERE RMB10.1 BILLION (US$1.5 BILLION), UP 6.7% COMPARED WITH THE SECOND QUARTER OF 2017.QTRLY DILUTED EARNINGS PER ADS WERE US$2.44; QTRLY NON-GAAP DILUTED EARNINGS PER ADS WERE US$3.15.QTRLY GROSS PROFIT WAS RMB7.2 BILLION (US$1.1 BILLION), AN INCREASE OF 7.5% COMPARED WITH Q2 OF 2017.Q2 EARNINGS PER SHARE VIEW CNY 14.25 -- THOMSON REUTERS I/B/E/S.QTRLY ADVERTISING SERVICES NET REVENUES WERE RMB634.1 MILLION (US$95.8 MILLION), AN INCREASE OF 6.5% COMPARED WITH Q2 OF 2017.  Full Article

NetEase Qtrly Non-GAAP Diluted Earnings Per ADS $1.61
Thursday, 17 May 2018 

May 16 (Reuters) - NetEase Inc ::NETEASE REPORTS FIRST QUARTER 2018 UNAUDITED FINANCIAL RESULTS.Q1 REVENUE RMB 14.2 BILLION VERSUS I/B/E/S VIEW RMB 13.91 BILLION.QTRLY DILUTED EARNINGS PER ADS WERE US$0.91.QTRLY NON-GAAP DILUTED EARNINGS PER ADS WERE US$1.61.QTRLY ONLINE GAME SERVICES NET REVENUES WERE RMB8.8 BILLION (US$1.4 BILLION), A DECREASE OF 18.4% COMPARED WITH Q1 OF 2017.BOARD OF DIRECTORS HAS APPROVED A DIVIDEND OF $0.23 PER ADS FOR Q1 OF 2018, WHICH IS EXPECTED TO BE PAID ON JUNE 8, 2018.QTRLY GROSS PROFIT WAS RMB6.0 BILLION (US$949.1 MILLION), A DECREASE OF 20.4% COMPARED WITH Q1 OF 2017.  Full Article

Mattel And Netease Launch New Joint Venture
Tuesday, 30 Jan 2018 

Jan 30 (Reuters) - Mattel Inc ::MATTEL AND NETEASE LAUNCH NEW JOINT VENTURE.MATTEL INC - HAS ENTERED INTO A JOINT VENTURE WITH NETEASE TO FORM A PUBLISHING AND DEVELOPMENT STUDIO MATTEL163.MATTEL INC - GOING FORWARD, MATTEL163 WILL SEEK TO CREATE MORE MOBILE GAMES AND EDUCATION APPS INSPIRED BY MATTEL BRANDS.  Full Article

NetEase reports Q3 GAAP diluted earnings per ADS $2.86
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - Netease Inc :NETEASE REPORTS THIRD QUARTER 2017 UNAUDITED FINANCIAL RESULTS.Q3 REVENUE RMB 12.5 BILLION VERSUS I/B/E/S VIEW RMB 12.56 BILLION.QTRLY ‍DILUTED EARNINGS PER ADS US $2.86​.QTRLY ‍NON-GAAP DILUTED EARNINGS PER ADS US $3.43​.‍BOARD OF DIRECTORS HAS APPROVED A DIVIDEND OF US $0.72 PER ADS FOR Q3 OF 2017​.‍BOARD OF DIRECTORS HAS APPROVED A NEW SHARE REPURCHASE PROGRAM OF UP TO US $1.0 BILLION OF COMPANY'S OUTSTANDING ADS'S​.‍NETEASE PLANS TO FUND REPURCHASES MADE UNDER PROGRAM FROM AVAILABLE WORKING CAPITAL​.SAYS QTRLY ‍ GROSS PROFIT WAS RMB 5.9 BILLION (US $893.9 MILLION), AN INCREASE OF 11.5 PERCENT COMPARED WITH Q3 OF 2016​.SAYS QTRLY ‍NET REVENUES FROM ONLINE GAMES WERE RMB 8,111.7 MILLION (US $1,219.2 MILLION) FOR Q3 OF 2017, COMPARED TO RMB 6,568.0 MILLION FOR Q3 OF 2016​.  Full Article

NetEase Inc Q4 revenue RMB 12.1 billion
Wednesday, 15 Feb 2017 

NetEase Inc : NetEase Inc reports fourth quarter and fiscal year 2016 unaudited financial results . Q4 revenue RMB 12.1 billion versus I/B/E/S view RMB 10.86 billion . NetEase Inc says Q4 net revenue $1,742.6 million versus. $1,220 million . NetEase Inc says reported basic and diluted earnings per ads of $4.04 and $4.01, respectively, for Q4 of 2016 . NetEase Inc says Q4 net revenues from online games $1,290.4 million versus $849.5 million . NetEase Inc says non-GAAP basic and diluted earnings per ads were $4.34 and $4.30, respectively, for Q4 of 2016 .NetEase Inc says board of directors has approved a dividend of $1.01 per ads for Q4 of 2016.  Full Article

RPT-FOCUS-Tencent Music, bound for U.S. IPO, profits from social savvy

HONG KONG, Sept 27 Tencent Music, which owns China's most popular music streaming apps, is often compared to Sweden's Spotify Technology but it offers more in the way of socially interactive services that is helping it hit bigger notes in money making.