HongKong:9999

Cloud Music Inc. Adds Expansive K-Pop Portfolio with JYP Entertainment Agreement

Retrieved on: 
Tuesday, April 30, 2024

HANGZHOU, China, April 29, 2024 /PRNewswire/ -- Cloud Music Inc. (HKEX: 9899, "NetEase Cloud Music" or the "Company"), a leading interactive music streaming service provider in China, today announced that it has entered into a licensing agreement for digital music distribution ("the Agreement") with JYP ENTERTAINMENT Corp. ("JYP Entertainment"), a leading entertainment company in South Korea, granting NetEase Cloud Music the right to distribute JYP Entertainment's music catalog in China.

Key Points: 
  • HANGZHOU, China, April 29, 2024 /PRNewswire/ -- Cloud Music Inc. (HKEX: 9899, "NetEase Cloud Music" or the "Company"), a leading interactive music streaming service provider in China, today announced that it has entered into a licensing agreement for digital music distribution ("the Agreement") with JYP ENTERTAINMENT Corp. ("JYP Entertainment"), a leading entertainment company in South Korea, granting NetEase Cloud Music the right to distribute JYP Entertainment's music catalog in China.
  • Through the collaboration, NetEase Cloud Music will offer an extensive collection of music from JYP Entertainment, featuring renowned artists and groups such as J.Y.
  • Previously, NetEase Cloud Music has joined hands with top South Korean entertainment companies like SM Entertainment, YG Entertainment and CUBE Entertainment, enabling users to access high-quality K-Pop music.
  • Moving forward, NetEase Cloud Music will continue to collaborate with global music companies, offering Chinese music enthusiasts a wider range of high-quality music content and an improved user experience.

NetEase, Inc. Announces Filing of Annual Report on Form 20-F for Fiscal Year 2023 and Publication of 2023 Environmental, Social and Governance Report

Retrieved on: 
Thursday, April 25, 2024

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 has published its 2023 Environmental, Social and Governance ("ESG") Report, outlining the Company's progress and performance in key ESG areas.
  • To view the report in full, please visit the ESG section on the Company's investor relations website.

Pixelworks Brings New Mobile Gaming Experience to "Diablo Immortal", a Co-developed Game by Blizzard Entertainment and NetEase

Retrieved on: 
Thursday, April 11, 2024

SHANGHAI, April 10, 2024 /PRNewswire/ -- Pixelworks, Inc. (NASDAQ: PXLW), a leading provider of visual processing solutions, today announced that Diablo® Immortal™, a mobile game co-developed by Blizzard Entertainment® and NetEase, is the latest game to integrate the IRX Rendering Accelerator SDK. As an IRX certified game, Diablo Immortal delivers an exceptional 120fps visual experience on IRX certified devices with low power consumption, allowing mobile gamers to enjoy more captivating gaming adventures.

Key Points: 
  • As an IRX certified game, Diablo Immortal delivers an exceptional 120fps visual experience on IRX certified devices with low power consumption, allowing mobile gamers to enjoy more captivating gaming adventures.
  • As a new mobile game in the Diablo series, replicating the game content of the PC version is crucial for providing gamers with the same sense of presence on a smartphone.
  • We hope that the mobile game can both inherit the visual attributes of the PC version, while breaking the performance limitations of smartphones, allowing mobile game players to immerse in a perfectly smooth, PC-like gaming experience.
  • This collaboration with Pixelworks and the IRX rendering acceleration technology has enabled a mobile game featuring more precise and efficient visual display enhancements.

NetEase Experts Spotlight Cutting-Edge Game Technology at GDC 2024

Retrieved on: 
Monday, March 18, 2024

HANGZHOU, China, March 18, 2024 /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 the Company will be featured in multiple sessions to share trail-blazing game development expertise at the 2024 Game Developers Conference (GDC).

Key Points: 
  • HANGZHOU, China, March 18, 2024 /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 the Company will be featured in multiple sessions to share trail-blazing game development expertise at the 2024 Game Developers Conference (GDC).
  • NetEase presentations will be hosted by its technical experts, top designers and artists.
  • Attendees are encouraged to join NetEase experts as they will cover a range of topics related to game development, operation, art design, and user experience improvement.
  • NetEase developers will also join a panel of experts at the GDC Machine Learning Summit to share their insights.

Cloud Music Inc. Reports Fiscal Year 2023 Financial Results

Retrieved on: 
Thursday, February 29, 2024

Apart from top-tier music content, we focused on our most advantageous music genres, such as hip-hop, fuelled by our initiatives in both copyrighted content and original music.

Key Points: 
  • Apart from top-tier music content, we focused on our most advantageous music genres, such as hip-hop, fuelled by our initiatives in both copyrighted content and original music.
  • We also collaborated with our partners like Pepsi to launch annual music festivals and resumed campus tour music festivals, nurturing NetEase Cloud Music musicians.
  • In September 2023, we launched "Project Cloud Ladder 2023 – Phase 2"(云梯计划2023第二期) and introduced the new "Appreciation (赞赏)" feature for tipping.
  • Our in-house studios have recently launched several special music projects, aiming at producing and promoting in-house music, covering band music, hip-hop, R&B, pure music, as well as film music.

NetEase Announces Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results

Retrieved on: 
Thursday, February 29, 2024

HANGZHOU, China, Feb. 29, 2024 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), a leading internet and game services provider, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023.

Key Points: 
  • HANGZHOU, China, Feb. 29, 2024 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), a leading internet and game services provider, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023.
  • Net revenues from Youdao were RMB1.5 billion (US$208.5 million) for the fourth quarter of 2023, compared with RMB1.5 billion each for the preceding quarter and the fourth quarter of 2022.
  • Gross profit for the fourth quarter of 2023 was RMB16.8 billion (US$2.4 billion), compared with RMB17.0 billion and RMB13.2 billion for the preceding quarter and the fourth quarter of 2022, respectively.
  • Gross profit margin for Youdao for the fourth quarter of 2023 was 49.9%, compared with 55.9% and 53.3% for the preceding quarter and the fourth quarter of 2022, respectively.

Cloud Music Inc. to Report Fiscal Year 2023 Financial Results on February 29, 2024

Retrieved on: 
Wednesday, February 7, 2024

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.

Key Points: 
  • 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. Beijing/Hong Kong Time on Thursday, February 29, 2024 (6:00 a.m. U.S. Eastern Time on the same day).
  • A replay of the call will be accessible by phone at the following numbers and entering PIN: 10036637.
  • The replay will be available through March 7, 2024.

NetEase to Report Fourth Quarter and Fiscal Year 2023 Financial Results on February 29

Retrieved on: 
Wednesday, February 7, 2024

HANGZHOU, China, Feb. 7, 2024 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), a leading internet and game services provider, today announced that it will report financial results for the fourth quarter and fiscal year 2023 on Thursday, February 29, 2024, before the open of the U.S. markets.

Key Points: 
  • HANGZHOU, China, Feb. 7, 2024 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), a leading internet and game services provider, today announced that it will report financial results for the fourth quarter and fiscal year 2023 on Thursday, February 29, 2024, before the open of the U.S. markets.
  • The earnings teleconference call with simultaneous webcast will take place at 7:00 a.m. Eastern Time on Thursday, February 29, 2024 (Beijing/Hong Kong Time: 8:00 p.m., Thursday, February 29, 2024).
  • NetEase's management will be on the call to discuss the quarterly results and answer questions.
  • Interested parties may participate in the conference call by dialing 1-914-202-3258 and providing conference ID: 10036635, 15 minutes prior to the initiation of the call.

NetEase Announces Third Quarter 2023 Unaudited Financial Results

Retrieved on: 
Thursday, November 16, 2023

HANGZHOU, China, Nov. 16, 2023 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), a leading internet and game services provider, today announced its unaudited financial results for the third quarter ended September 30, 2023.

Key Points: 
  • HANGZHOU, China, Nov. 16, 2023 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), a leading internet and game services provider, today announced its unaudited financial results for the third quarter ended September 30, 2023.
  • Gross profit for the third quarter of 2023 was RMB16,966.3 million (US$2,325.4 million), compared with RMB14,375.4 million and RMB13,743.9 million for the preceding quarter and the third quarter of 2022, respectively.
  • The effective tax rate for the third quarter of 2023 was 14.2%, compared with 8.0% and 19.3% for the preceding quarter and the third quarter of 2022, respectively.
  • NetEase paid a dividend of US$0.1050 per share (US$0.5250 per ADS) for the second quarter of 2023 in September 2023.

NetEase to Report Third Quarter 2023 Financial Results on November 16

Retrieved on: 
Thursday, October 26, 2023

HANGZHOU, China, Oct. 26, 2023 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), a leading internet and game services provider, today announced that it will report financial results for the 2023 third quarter on Thursday, November 16, 2023, before the open of the U.S. markets.

Key Points: 
  • HANGZHOU, China, Oct. 26, 2023 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), a leading internet and game services provider, today announced that it will report financial results for the 2023 third quarter on Thursday, November 16, 2023, before the open of the U.S. markets.
  • The earnings teleconference call with simultaneous webcast will take place at 7:00 a.m. Eastern Time on Thursday, November 16, 2023 (Beijing/Hong Kong Time: 8:00 p.m., Thursday, November 16, 2023).
  • NetEase's management will be on the call to discuss the quarterly results and answer questions.
  • The replay will be available through November 23, 2023.