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Recent Updates — NTES

August 20, 2026View Source ↗

NetEase reported unaudited financial results for the second quarter and first half of 2026. Net revenues increased 7.9% year-over-year to RMB30.1 billion (US$4.4 billion) in Q2, driven by a 9.7% rise in games and related value-added services to RMB25.0 billion. Gross profit grew 17.5% to RMB21.2 billion, while net income attributable to shareholders declined to RMB7.0 billion (US$1.0 billion) from RMB8.6 billion a year earlier due to investment impairments and higher effective tax rates. For the six months ended June 30, 2026, net revenues rose 7.0% to RMB60.7 billion (US$8.9 billion), with net income at RMB17.7 billion (US$2.6 billion). The company maintains a strong balance sheet with RMB167.5 billion in net cash as of June 30, 2026. NetEase operates in the internet and gaming industry, developing and publishing online games while offering educational and music services.

June 25, 2026View Source ↗

NetEase, Inc. submitted a migration exchange notice to the Hong Kong Stock Exchange as part of the process to become dual-primary listed on the Main Board of the exchange. The company operates in the internet services industry, providing online games and music streaming services.