NetEase

NetEase Games Introduces Bad Brain Game Studios, a New Studio Based in Canada

Retrieved on: 
Tuesday, May 23, 2023

Bad Brain Game Studios is a new game studio located in Canada, with offices in Toronto, Ontario and Montreal, Quebec.

Key Points: 
  • Bad Brain Game Studios is a new game studio located in Canada, with offices in Toronto, Ontario and Montreal, Quebec.
  • GUANGZHOU, China and TORONTO, May 23, 2023 /PRNewswire/ -- NetEase Games is excited to announce the opening of a new game studio in Canada called Bad Brain Game Studios.
  • "I'm honored to be leading this talented team of developers in Canada," said Sean Crooks, studio head of Bad Brain Game Studios.
  • "We're thrilled to welcome Bad Brain Game Studios into our family and enriching our presence in Canada," said Simon Zhu, president of global investments and partnerships for NetEase Games.

VARK Inc. Raises Approximately One Billion Yen in the First Close of Series C

Retrieved on: 
Monday, May 22, 2023

This press release features multimedia.

Key Points: 
  • This press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20230516006135/en/
    VARK has raised 7.2 million dollars in the first close of its Series C round (Graphic: Business Wire)
    With its vision to "create the best virtual services," VARK Inc. has developed businesses such as VARK, which combines a virtual live music event platform and metaverse templates, and VARK SHORTS, a video creation support tool for 3D avatars.
  • In addition, VARK SHORTS, a short video creation tool for 3D avatars released earlier this month, has been used by more than 10,000 users within just a few days of its release.
  • With this funding, we will strengthen our product development system not only to enhance existing products but also to take on the challenge of developing new businesses, such as VARK SHORTS, using the lean startup method, and strive to achieve our vision of creating the best virtual services.

Updates to Existing and Pipeline Games Announced at NetEase's 2023 Product Launch Event

Retrieved on: 
Saturday, May 20, 2023

Catering to NetEase's growing global audience, these updates were streamed in English and Japanese during NetEase Connect 2023, the Company's annual product launch event that took place on May 20, 2023.

Key Points: 
  • Catering to NetEase's growing global audience, these updates were streamed in English and Japanese during NetEase Connect 2023, the Company's annual product launch event that took place on May 20, 2023.
  • The latest content updates are part of NetEase's efforts to grow its development pipeline of quality products for players around the world.
  • Earlier this year, the Company announced two newly formed games studios, Anchor Point Game Studios and Spliced Inc Limited, spearheaded by industry veterans and talents who are focused on bringing more fresh and thrilling experiences to players worldwide.
  • Alongside the many exciting announcements at NetEase Connect 2023, the Company revealed its global aspiration for its casual game Eggy Party, which was first launched internationally in the Philippines last month.

NetEase to Report First Quarter 2023 Financial Results on May 25

Retrieved on: 
Thursday, May 4, 2023

HANGZHOU, China, May 4, 2023 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), one of China's leading internet and online game services providers, today announced that it will report financial results for the 2023 first quarter on Thursday, May 25, 2023, before the open of the U.S. markets.

Key Points: 
  • HANGZHOU, China, May 4, 2023 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), one of China's leading internet and online game services providers, today announced that it will report financial results for the 2023 first quarter on Thursday, May 25, 2023, before the open of the U.S. markets.
  • The earnings teleconference call with simultaneous webcast will take place at 8:00 a.m. Eastern Time on Thursday, May 25, 2023 (Beijing/Hong Kong Time: 8:00 p.m., Thursday, May 25, 2023).
  • NetEase's management will be on the call to discuss the quarterly results and answer questions.
  • The replay will be available through June 1, 2023.

China Metaverse Market Intelligence and Future Growth Dynamics Databook, 2021-2022 & 2023-2030 - ResearchAndMarkets.com

Retrieved on: 
Monday, May 1, 2023

The "China Metaverse Market Intelligence and Future Growth Dynamics Databook - 100+ KPIs Covering Market Size by Sector X Use cases X Technology, Business and Consumer Spend, NFT Spend - Q1 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "China Metaverse Market Intelligence and Future Growth Dynamics Databook - 100+ KPIs Covering Market Size by Sector X Use cases X Technology, Business and Consumer Spend, NFT Spend - Q1 2023" report has been added to ResearchAndMarkets.com's offering.
  • Metaverse industry in China is expected to grow by 39.5% on an annual basis to reach US$1,06,102.8 million in 2023.
  • The metaverse industry has experienced significant growth in China during Q3 and Q4 of 2022.
  • The potential metaverse market growth has also caught the eye of leading tech giants in China.

China Metaverse Market Intelligence Report 2023-2030: Metaverse Marketplaces are Raising Funding Rounds from Leading Tech Giants in China

Retrieved on: 
Friday, April 28, 2023

Metaverse industry in China is expected to grow by 39.5% on an annual basis to reach US$1,06,102.8 million in 2023.

Key Points: 
  • Metaverse industry in China is expected to grow by 39.5% on an annual basis to reach US$1,06,102.8 million in 2023.
  • The metaverse industry has experienced significant growth in China during Q3 and Q4 of 2022.
  • The potential metaverse market growth has also caught the eye of leading tech giants in China.
  • Amid the growing interest in the metaverse space, China-based metaverse marketplaces are raising funding rounds from leading technology giants in the country to further accelerate their growth and global expansion.

NetEase, Inc. Announces Filing of Annual Report on Form 20-F for Fiscal Year 2022 and Planned Publication of 2022 Environmental, Social and Governance Report

Retrieved on: 
Thursday, April 27, 2023

The annual report can be accessed on the Company's investor relations website at http://ir.netease.com/ .

Key Points: 
  • The annual report can be accessed on the Company's investor relations website at http://ir.netease.com/ .
  • The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request.
  • The Company today also announced that it will publish its 2022 Environmental, Social and Governance ("ESG") Report on April 28, 2023, outlining the Company's progress and performance in key ESG areas.
  • To view the report in full, please visit the ESG section on the NetEase IR website on or after April 28, 2023.

Introducing AnchorPoint Studios, a New NetEase Games Studio

Retrieved on: 
Wednesday, April 26, 2023

AnchorPoint Studios is founded by Paul Ehreth, a game director and designer with more than 20 years of experience building games for PC and console.

Key Points: 
  • AnchorPoint Studios is founded by Paul Ehreth, a game director and designer with more than 20 years of experience building games for PC and console.
  • We're grateful to NetEase Games for giving us the creative freedom and resources to build an interconnected world that will expand beyond games and reach into other mediums as well," says Paul Ehreth, founder of AnchorPoint Studios.
  • At NetEase Games, we believe in giving creators the ability to build games of lasting quality that will be played for many years to come.
  • We know AnchorPoint Studios is reaching for the stars and we'll make every effort to help them get there," says Simon Zhu, president of global investments and partnerships, NetEase Games.

Global Metaverse Market Report to 2030: Surging Deployment in the Education Sector and Industrial Training Drives Growth

Retrieved on: 
Tuesday, April 4, 2023

This growth is also fueled by the rising development by major key players in the market, such as the addition of metaverse token Decentraland to the cryptocurrency platform Public .

Key Points: 
  • This growth is also fueled by the rising development by major key players in the market, such as the addition of metaverse token Decentraland to the cryptocurrency platform Public .
  • The market for cryptocurrency gaming is expanding and contributing to the growth of the metaverse market.
  • Game creators are exploring the play-to-earn model, where players earn tokens or items that have real-world value, which is adding to the market growth.
  • The global metaverse market is dominated by a small number of key players operating at both global and regional levels.

NetEase announces "Lord of the Rings" Game Fanfiction Contest

Retrieved on: 
Wednesday, March 29, 2023

GUANGZHOU, China, March 29, 2023 /PRNewswire/ -- The SLG game released by NetEase is organizing a fanfiction contest for its character Mathom Peddler, where winners will receive round-trip tickets to visit the Hobbiton movie set in New Zealand.

Key Points: 
  • GUANGZHOU, China, March 29, 2023 /PRNewswire/ -- The SLG game released by NetEase is organizing a fanfiction contest for its character Mathom Peddler, where winners will receive round-trip tickets to visit the Hobbiton movie set in New Zealand.
  • The Lord of the Rings: Rise to War is a Warner Bros.-licensed real-time strategy game set in Middle-earth.
  • Moreover, as a season-based game, players can choose the season they want to experience, and play the game under various rules and settings.
  • The fanfiction contest is centered around Mathom House, a setting in the original fiction.