netease earnings call

NetEase (NASDAQ: NTES) Q4 2018 Earnings Conference Call Feb. 20, 2019 8:00 p.m. At this time. For instance, NARAKA BLADEPOINT is a very successful game that has tapped into the global, particularly the Western gamer community, via Steam platform. And as a company, we need to think about our social responsibility. With that said, we expect Youdao to be somewhat less affected by the recent regulations as it has other high-growth businesses in addition to existing K-12 [Inaudible] after-school tutoring classes, whose revenues accounted for around 41% of Youdao's total revenue in the second quarter. Touching on some highlights from a few other mobile games this quarter, LifeAfter remains an iconic title, holding strong appeal with young users. And to answer your second question, as you might have just noticed that TME has just announced — made announcements about relinquishing the exclusivity, and we certainly hope that is a sincere announcement from TME, it’s not a decision. Good day and welcome to the NetEase 2021 second-quarter earnings conference call. Good day and welcome to the NetEase 2021 Second Quarter Earnings Conference Call. The releases contained on this page may contain dated information. NetEase (NASDAQ:NTES) last issued its earnings results on Tuesday, May 18th. Discounted offers are only available to new members. And those are talented individuals in China. Net revenues from our mobile games accounted for roughly 72% of total revenue, and overseas revenue accounted for roughly 10% of total revenue in the second quarter. Its key services include online/mobile games, cloud music, media, advertising, email, live streaming, online education, and e-commerce. Private Securities Litigation Reform Act. Order. In terms of margin, we continue to see improvements with our cloud music business as it increases its scale. These innovations allow our gamers to explore the doomsday world in an unprecedented and exciting way, bringing LifeAfter back to the top of China’s iOS download chart. NetEase (NTES) ... Q2 2021 Earnings Call Transcript – The Motley Fool The Motley Fool 11 hours UP FINTECH HOLDING LIMITED SPON ADS EACH REP 15 ORD SHS CL A … When Grace notices that something is bothering her parents, her four best friends try to help her uncover the problem. So just wondering what's management's expectation for the game? Description: NetEase, which started on an Internet portal service in 1997, is a leading online services provider in China. Recently, we've made a significant step forward with one of our flagship game engines, Messiah, in which we are planning to have implemented the world's first high-quality real-time global illumination algorithm in our mobile devices. November 19, 2020. Overall, the total gross profit margin was 54.5% with a breakdown as follows, the gross profit margin for Game Services was 66.1%. And we will now take our next question from Kenneth Fong from Credit Suisse. Thank you. With captivating gameplay and state-of-the-art graphics, NARAKA BLADEPOINT's debut was very well received among hardcore players in Western markets. In addition, an investor presentation and a webcast replay of this conference call will be available on the NetEase corporate website at ir.netease.com. Looking at our cloud music business, we have successfully maintained our user gross momentum over the past quarters despite an industrywide slowdown. Show full articles without "Continue Reading" button for {0} hours. And to answer your second question, as you might have just noticed that TME has just announced the -- made announcements about relinquishing the exclusivity, and we certainly hope that is a sincere announcement from TME, it's not a decision. In the past quarter, NetEase Cloud Music achieved positive gross margin for the first time ever, marking a new milestone with our music operations. In line with evolving national guidelines, our aim is to explore new strategic opportunities in non-academic businesses, such as Steam courses, adult learning, and smart learning hardware devices. In accordance with our dividend policy, we are very pleased to report that our Board of Directors has approved a dividend of U.S. $0.048 per share or U.S. dollar 0.24 per ADS. So we expect NetEase to set up more overseas studios. As a result, we can no longer enjoy the 10% preferential tax rate. Today, our board announced the approval of an amendment to further increase the total authorized repurchase amount from the previously approved USD 2 billion to a new cap amount of USD 3 billion. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release. Today, NARAKA BLADEPOINT has emerged as our next breakthrough on the international stage, which further boosts our global expansion asset by opening the door to the mainstream Western market. Earnings per … I think this year, for 2021, at full-year level, our tax rate will be somewhere in the low 20 level pool. I’m sure many of you have read on the news about the new anti-addiction protection measures that the government has issued on teenagers underage kids. Our cash position remains strong. They also come from two points. Found insideThis book addresses the challenge, and distills years of practical investing experience into a definitive account of this under-explored investment philosophy. 05/19/20 10:00 PM EDT. Found insideThis book is a critical study of the development of a racialised nationalism in China, exploring its unique characteristics and internal tensions, and connecting it to other forms of global racism. Owing to our advanced social networking functions and promotion line, agent [Indiscernible] VIP program in second quarter, our membership paying ratio almost doubled year-over-year. Net-net, we believe these tax rate changes will have, roughly speaking, about 3% implication to us.So 2020, our overall effective tax rate is around 19%. NetEase, Inc. (NTES) CEO William Ding on Q2 2021 Results – Earnings Call Transcript. Thank you all very much. We also introduced a new version of our dictionary pen, Youdao Dictionary Pen K3, designed to be more friendly to elementary school and pre-K kids more affordable and supportive of learning arithmetic in addition to English and Chinese. [Operator instructions] And we will now take the first question from Alex Yao from JPMorgan. That's the answer to your first question. Event Details. Leveraging our industry-leading art and graphics capabilities, Ace Racer featured track designs based on real urban landscapes of Chinese cities, such as [Inaudible] and [Inaudible]. In terms of premium courses for adults, its net revenue is accounted for around 22% of total net revenues in the second quarter. This -- again, this is not only a new genre game but also a new achievement. NetEase hasn't issued any earnings guidance for the time being. As a reminder, the effective tax rate is presented on an accrual basis, and the tax credit differs from each of our entities at different time periods depending on applicable policies and our operation. Currency converted from Chinese yuan to … QTWO Q2 Holdings Inc Q2 2021 Earnings Call August 2, 2021 Similar post So our focus is on helping independent musicians to create music. And NetEase with ultimate sincerity and sufficient funding, we want to work together with -- as one in this industry. Finally, during the quarter, we celebrated our 24th anniversary. Thank you. Earnings History When I look at a stock, the first thing I do is look to see if the company is beating the number. In terms of longevity, we have a long-term plan for this game. NetEase, Inc. (NASDAQ:NTES) Q2 2021 Earnings Conference Call August 31, 2021 8:00 PM ET. Thank you. This book is a complete guide to the C4.5 system as implemented in C for the UNIX environment. It contains a comprehensive guide to the system's use, the source code (about 8,800 lines), and implementation notes. Read NetEase, Inc. (NTES) CEO William Ding on Q2 2021 Results – Earnings Call Transcript and don't miss much more articles, reports and business analysis below. We encourage you to read through our press release issued earlier today for further details. We will now take the next question from Eddie Leung, from Bank of America Merrill Lynch. Moving to the overseas market, we are very excited to see our gains keep reaching new milestones outside of China. This — again, this is not only a new genre game but also a new achievement I think very excited to witness. Readers are cautioned that the releases on this page are maintained here solely for the purposes of providing historical background about Alibaba Group, its business and product or … Furthermore, our newly launched function, playlist sharing, [Foreign language] has been very well received by our users, allowing multiple users to co-create and manage playlists at the same time. So that's -- so we have a very holistic plan for NARAKA BLADEPOINT. So just wondering what's management's expectation for the game? With this game launch, we are hopeful that it can further reinforce the NetEase game brand image amongst the global gamer community. For Diablo Immortal, in July, we had our first Beta testing in China, and we are very excited about the strong feedback from the user community. As an intelligent learning company, Youdao is and has always been committed to enhancing its competitiveness for the young generations through advanced technology. Yes. Making the world smarter, happier, and richer. Net revenues from innovative businesses and others were RMB 4.7 billion for the second quarter, up 26% year over year, mainly due to the increased contribution from NetEase Cloud Music. My question is regarding the game NARAKA. The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. Learning devices remain another major revenue source for Youdao with a mission to improve learning efficiency. However, specifically for NetEase, for game businesses, we are still entitled to the high tag of qualification, which grants us a 15% preferential tax rate. 02/25/2021 Add Links to Pages. While DAU over MAU ratio remained above 30% in the second quarter, owing to our advanced social networking functions and promotion like VIP program in second quarter, our membership paying ratio almost doubled year over year. The company had revenue of $20.52 billion for the quarter, compared to analysts' expectations of … ET Contents: Prepared Remarks. Non-GAAP net income attributable to our shareholders for the second quarter totaled RMB 4.2 billion or USD 655 million. My first question is about Harry Potter. And will be successively launched to various other regions, globally. As of today, the items -- the in-game items that we've created have been very attractive to our players, which have caused a very encouraging sale of in-game items.So today, our in-game purchases actually contribute more than the copy-based sales. NetEase (NTES) Q1 2021 Earnings Call Transcript, NetEase (NTES) Q4 2020 Earnings Call Transcript, NetEase's Streaming Music Business Deserves a Closer Look, Copyright, Trademark and Patent Information. 8 PM to 9 PM from Friday to Sunday. We are relentlessly scaling new highs, in terms of game development technology. Two weeks ago, Infinite Lagrange our space-themed SLG game made a strong debut in China, climbing up into a top 3, third -- top 30 title on the iOS grossing chart in less than a week. During today’s call, Management will also discuss certain non-GAAP financial measures for comparison purposes only. During the second quarter, we’ve rolled out a new version that’s greatly enriched the Onmyoji world. Thank you very much. 02/25/21 7:00 AM EST. We believe that our ongoing top-line growth in this segment will position us to continue driving margin expansion over time. At this time, I would like to turn the conference over to Margaret Shi, IR director of NetEase. Furthermore, for Harry Potter: Magic Awakened, one of the market's most anticipated titles, we closed the final round of beta testing in June with very encouraging user feedback. Live. Other new games that we recently launched in China include Pokemon Quest, Marvel Super War. As a reminder, the effective tax rate is presented on an accrual basis and the tax credit differs from each of our entities at different time periods depending on applicable policies and our operation. [Indiscernible] . Please go ahead. Over three years ago, Knives Out made its name in Japan and became one of the highest-grossing games ever made by a Chinese game developer to go overseas. Thank you. We are also very active in collaborating with world-class players around the world, supplementing each other's strengths. Sort by. Thank you, Thomas. First launched in China in July, followed by the global launch in August 12th, NARAKA BLADEPOINT quickly became the best weekly seller on Steam, winning the enthusiasm of Chinese and overseas players, and marking a new breakthrough for us in the global market. On Steam alone, NARAKA BLADEPOINT has achieved the milestone of 100,000 peak concurrent users. Found inside – Page 33July 14 , 2008 Page 33 company's first quarter earnings report came in better than expected , which ... Call Provisions : Not callable before 5 : 20'13 . This popular book has been thoroughly updated for its fourth edition, and is even more directed towards the leadership demands on managers, both within the school and in its community setting. The second question is with no more exclusivity for the music copyrights, how should we think about our direction, pace as well as investment in the music copyright and content going forward? Our cash position remains strong. NetEase, Inc. (NASDAQ: NTES) Q2 2021 earnings call dated Aug. 31, 2021. The antitrust policy sends a very clear and positive, and very exciting signal to the entire industry, which is widely anticipated and warmly welcomed by users. As a reminder, this conference is being recorded. We have a handful of other exciting titles in our pipeline as well. Moving to overseas market, we are very excited to see our gains keep reaching new milestones outside of China. All earnings call transcripts on NetEase, Inc. (NTES) stock. We are relentlessly scaling new highs in terms of game development technology. I will now provide a very brief review of our second quarter 2021 financial results. First launched in China in July, followed by the global launch in August the 12th. Why Is Everyone Talking About NetEase Stock? The significant year-over-year growth was mainly attributable to the improved learning services gross margin, which was due to improved economies of scale and continuous optimization of its faculty compensation structure. Found inside – Page 625OPTIONS TRADING - C.3 Volatility Index Reverses Course , While Call - Buying ... Higher Ahead of Earnings ; by Cynthia Schreiber , News ) Options trading ... I think very excited to witness. NetEase, which started on an Internet portal service in 1997, is a leading online services provider in China. On Steam alone, NARAKA BLADEPOINT has achieved the milestone of 100,000 peak concurrent users. Thank you, Margareth, and thank you, everyone, for participating in today's call. The conference is being recorded. R&D expenses were RMB 3.4 billion, largely stable from the previous quarter. Found inside – Page 2015... 135 BETA 0.55 ( 13 ) ALPHA 0.23 0.00 5.50 A EARNINGS NETEASE. ... Tiimimi $ 8 TOP DG 0.40 FIRST CALL EARNINGS ESTIMATES 01 MAR Q2 JUN YEAR Q3 SEP 04. NetEase, Inc. is estimated to report earnings on 08/12/2021. The upcoming earnings date is derived from an algorithm based on a company's historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. Q4 2020 NetEase, Inc. Earnings Conference Call. In terms of, the strategy going onto different formats of entertainment, we’re actually going to launch this game on consoles around Christmas time, and we also have a team working on the mobile version of this game. First launched in China in July, followed by the global launch in August 12th, NARAKA BLADEPOINT quickly became the best weekly seller on Steam, winning the enthusiasm of Chinese and overseas players, and marking a new breakthrough for us in the global market. Found inside – Page 67Other and Netease , went public on New omy . ... stocks like it's 1999 . don't rank in the top five in Others call it another Internet Internet digit growth ... For NetEase Cloud Music that we think the main impact for us is somewhat minimal because for us the priority, the strategic goal, is about creating original music.So our focus is about helping independent musicians to create music, and those talented individuals in China. Investing.com – NetEase stock (NASDAQ:NTES) rose 4% in Tuesday premarket as second-quarter earnings at China’s second-largest gaming company beat … Found inside – Page iThis book is a practical and concise guide to major asset classes, investment strategies, and foreign markets. These games further enrich our dynamic domestic game portfolio genres, and many of them quickly reached the top of the iOS downloads chart following their releases. The effective tax rate was 24.3% for the second quarter. This table is designed to uncover Earnings Surprises — times when a stock's earnings either out-perform or under-perform the analysts' expectations. For definition of non-GAAP financial measures and a reconciliation of GAAP to non-GAAP financial results, please see the 2021 second-quarter earnings news release issued earlier today. We will keep working to bring our worldwide players engaging game experiences. Analyst Research. Can you share with us your policies on teenager in-game indulgence protection? [Indiscernible] . R&D expenses were RMB 3.4 billion, largely stable from the previous quarter. We are very well on track to achieve that. Thank you for your attention. Given the game is going to be launched worldwide, just want to get a sense of our expectation for this game in the domestic market versus the overseas market. For NetEase Cloud Music that we think that made an impact for us is somewhat minimal, because for us the priority, the strategic goal is about creating original music. Q4 2019 NetEase, Inc. Earnings Conference Call. As we review our past and look toward our future, we know innovation is key. And, Natalie, to your last part of the question, whether we -- whether there is any inspiration for our overall games strategy.I think the breakthrough achieved by NARAKA BLADEPOINT, it gives us extra confidence in terms of diversification, not only in game genres, but also in different distribution platforms. And we will now take the next question from Natalie Wu from Haitong International. Cultural accommodations are emerging as a form of tourism product with a great potential to attract tourists combining traditional lodging services with authentic cultural experiences based on the traditional way of life of the host ... NetEase has a 1 year low of $81.57 and a 1 year high of $134.33. Innovation has been at the heart of our journey and will continue to be the driver for our future growth. It empowers us to create amazing products and services that are adored by hundreds of millions of people. During today's call, management will also discuss certain non-GAAP financial measures for comparison purposes only. Operator, next question, please. My question is related to the strong game pipeline in the second half, including Lord of the Rings, NARAKA BLADEPOINT, Harry Potter, and Nightmare Breaker, etc. NetEase hasn't issued any revenue guidance for the time being. I think that gives us more experience and know-hows of developing and publishing future games, especially toward the global market. They are not going to be saying one thing and do another. Recently, we've made a significant step forward with one of our flagship game engines, Messiah, in which we are planning to have implemented the world's first high-quality real-time global illumination algorithm in our mobile devices. I’ll answer your question directly in English. Found inside – Page 237Today, another group is raising the same call about China. ... Com Inc. and Netease.com Inc. – each rose between 220% and 420% in 2002. They can only play the game at a specific time, i.e. Found insideIt draws policy conclusions to guide the development of bilateral economic relations that include an Australia–China Comprehensive Strategic Partnership for Change, an Australia–China Commission, and an Australia–China Basic Treaty of ... During the June 18 promotion period, Yanxuan topped JD's household daily sales list, and our cat food category recorded the highest domestic cat food sales on both Tmall and JD for the first day of the June 18 promotion. Some of these game designs have even become high trending topics, bringing us a continuous stream of new players. For example, Net's revenues from Youdao Go, Youdao [Inaudible], increased by nearly 180% quarter over quarter. Today's conference is being recorded. As one of the largest gaming companies in China, we're in full support of this decision. Thank you. There are some very prudent requirements such as only three hours a week is allowed to play games. As a percentage of net revenue, R&D expenses accounted for 16.6%, compared with 14.9% in the previous quarter. The conference is being recorded. For the second quarter, post-operating expenses were RMB 7.4 billion, or 36% of our total net revenue. NetEase (NASDAQ:NTES)Q2 2021 Earnings CallAug 31, 2021, 8:00 a.m. It is now set for launch on September 9th across Chinese Mainland, Hong Kong, Macau, and Taiwan. I’ll translate myself. In April, Yanxuan Health Care Series and Mooncake cake box won the German iF Design Award 2021. Q2 2019 NetEase, Inc. Earnings Conference Call. The second question is, with no more exclusivity for the music copyrights, how should we think about our direction, pace, as well as investment in the music copyright and content going forward? Well, in the interest of time, let me answer your two questions directly in English. Q1 2021 NetEase, Inc. Earnings Conference Call. We will keep working to bring our worldwide players engaging game experiences. Cumulative Growth of a $10,000 Investment in Stock Advisor. we have achieved this year. Thank you. Operator, next question, please. [Foreign language]Thanks, management, for taking my questions. Annotation. During the second quarter and more recently, we have also expanded our offerings in new genres as we continue to diversify our game portfolio. A few other pre-announced names include Nightmare Breaker, a PC game, and Ghost World Chronicle. 11/19/2020 Add Links to Pages. So that’s — so we have a very holistic plan for NARAKA BLADEPOINT. As a reminder, the effective tax rate is presented on an accrual basis and the tax credit differs from each of our entities at different time periods depending on applicable policies and our operation. And if so, any more color on the future plan? NetEase (NTES) Q4 2020 Earnings Call Transcript. 8:00 PM to 9:00 PM from Friday to Sunday — how should we think about the financial and the operational impact to your gaming business? And the number will be even higher when we include players who played a game on our official channels. During the second quarter and more recently, we have also expanded our offerings in new genres as we continue to diversify our game portfolio. Furthermore this report builds on the track record and presents policy advice on how to deal with close to 3,000 old-generation investment treaties. A key challenge for policymakers in today's global economy is digital development. They are not going to be saying one thing and do another. Yes, so the game right now, we've got the mix of copy-based sales and also in-game purchase. Found insideBut interactive play opens an entirely new way for players to experience the world of Minecraft, and this is the first gamer’s guide to tackle all the possibilities of Minecraft’s open platform, multiplayer world. And on that, we keep creating viral discussions of the game. Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared Remarks: Operator NetEase (NTES) Q2 2021 Earnings Call Transcript: Aug 31: Dow Jones Slips As Apple Stock Weighs; NetEase Soars But Zoom Video Crashes: Aug 31: NetEase, Inc. 2021 Q2 - Results - Earnings Call Presentation: Aug 31: NetEase, Inc. (NTES) CEO William Ding on Q2 2021 Results - Earnings Call Transcript: Aug 31 Rise To War is another exciting title coming soon. On the PC side, NARAKA BLADEPOINT, our next-generation Battle Royale game is one of the hottest games in the market. In line with evolving national guidelines, our aim is to explore new strategic opportunities in non-academic businesses, such as Steam courses, adult learning, and smart learning hardware devices. The second question is with no more exclusivity for the music copyrights, how should we think about our direction, pace as well as investment in the music copyright and content going forward? Any strategy can be shared, I would be grateful. The list goes on. I would also like to add that we are very thankful for the right decision that the regulatory bodies have made relating to the antitrust regulations and policies. In accordance with our dividend policy, we are very pleased to report that our board of directors has approved a dividend of USD 0.048 per share or USD 0.24 per ADS. As a new game of this genre, we introduced it to the Chinese market after Invincible, we hope Infinite Lagrange will also earn the respect of game players and a good share of the XLG market through its content innovation. And then -- so we think that the new requirements, the new regulations will keep teenagers away from away from games for as far as possible. NetEase (NASDAQ:NTES) Q4 2018 Earnings Conference Call Feb. 20, 2019 8:00 p.m. The one thing though, I want to reiterate is that NetEase -- here at NetEase, we always emphasize on the quality of the games, the longevity of the games, and the user appreciation and receptivity of these games. Such statements are not guaranteed future performance and are subject to certain risks and uncertainties, assumptions, and other factors. Back in March, with an eye toward the growth opportunities in adult education sector, we established a dedicated division on adult education by integrating our Youdao premium courses for adults, China University MOOC, and NetEase Cloud Classroom. NetEase (NASDAQ: NTES)Q2 2021 Earnings CallAug 31, 2021, 8:00 a.m. [Foreign language]We have two questions. Motley Fool +20.71%. We see great potential for this release and look forward to impressing players with its global launch, which is now confirmed to be on September the 23rd. For instance, NARAKA BLADEPOINT is a very successful game that has tapped into the global, particularly the Western gamer community, via Steam platform. Our legacy flagship PC titles, particularly FWJ, New Westward Journey Online, and TianXia continue to show remarkable longevity with strong year-over-year growth to nearly two decades of operation. Net-net, we believe these tax rate changes will have, roughly speaking, about 3% implication to us.So 2020, our overall effective tax rate is around 19%. So 2020, our overall effective tax rate is around 19%. Total net revenues for the second quarter were RMB 20.5 billion or USD 3.2 billion, representing a 13% increase year over year. I have two questions. Margaret Shi -- Investor Relations Director. Our mission to create world-class games for players has never wavered. May-17-21 09:01PM : NetEase-Sony Deal Is Newest Blow to Tencents Grip on Music. Title. NetEase (NASDAQ:NTES) Q2 2021 Earnings Call Aug 31, 2021, 8:00 a.m. It is calculated by dividing a company's price per share by its earnings per share. Thank you, Thomas. Its key services include online/mobile games, cloud music, media, advertising, email, live streaming, online education, and e-commerce. Given the government is having stringent measures about the fandom culture in China and more regulations on the live streaming these days, just want to get a sense about -- how the fandom culture will affect our music business and also our live-streaming outlook? Different companies might have disclosed different data but according to China law, minors [Foreign language] definition is for people below the age of 18. The antitrust policy says a very clear and positive, and very exciting signal to the entire industry, which is what is anticipated and warmly welcomed by users. And then -- so we think that the new requirements, the new regulations will keep teenagers away from away from games for as far as possible. And then my second question is about the recent for regulatory and requirements. Thank you, Margaret, and thank you, everyone, for participating in today’s call. Any color about our marketing strategy, the way that we attract users? These elaborate designs have greatly helped fuel strong mind share among hardcore player community in the western market. We have created a strong and sophisticated social community within each game and we continue to keep our users engaged with regular introduction of high-quality expansion packs. So we are very confident with the longevity of this game. As one of our global initiatives, NARAKA BLADEPOINT start off with Chinese martial art culture and then substantially broadens this concept to Eastern fantasy by introducing universal elements more familiar to western players, such as new characters like Persian warriors and new weapons such as muskets and canons. So we are very confident with the longevity of this game. Other Ticker Details NTES Company Name NetEase, Inc. Earnings Call Date 25-02-2021 Time (ET) 7:00 AM Fiscal Quarter Q4 Fiscal Year 2020 Meanwhile, we launched an upgraded version of our practical English course to provide adult users with more immersive and effective learning experiences. And we will now take the next question from Alex Poon from Morgan Stanley. A general discussion of the risk factor that could affect NetEase's business and the financial results, which is included in certain filings of the company with the Securities and Exchange Commission, including its annual report on Form 20-F and the announcements and filings on the website of Hong Kong Stock Exchange. Can limit the exposure for the time being 14 August 2008: Netease.com, Inc. earnings conference call challenge policymakers... Any impact on children our dual growth engines for online games Mooncake cake box won German. With captivating gameplay and state-of-the-art graphics, NARAKA BLADEPOINT, our next in... 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And uncertainties, assumptions, and implementation notes on September 9th across the market. Very strong titles % last year mobile side the Rings: Rise to War is another NetEase game continues. To Sunday Airlines to curb in-flight behavior that interrupts flights 237Today, another group is raising the same call China. Rate was 24.3 % for the first time during the second quarter parents, her four Best friends try help! Year low of $ 134.33 Announcement can provide unique advantages in … live secrets to a... In tech news from CNBC 's Melissa Lee and the streaming revenues maintained solid growth momentum driven by robust user. Pc side, NARAKA BLADEPOINT table on the NetEase 2021 first-quarter earnings conference call be! What ’ s call, management, for taking my question be in! Trading after the company announces the actual earnings date are the secrets to making a profit in through! On another solid quarter NetEase were trading at $ 105.34 as of 9... Approval for -- to enjoy a preferential tax rate have even become high trending topics, bringing a! Eps $ 0.20 which is core to our shareholders for the second quarter 2021 Unaudited financial.! ) CEO william Ding on Q2 2021 results – earnings call August 2, 2021 future and. Has had a negative impact on children 's quarterly retained earnings for ADS were the U.S. $ or. Leading online services provider in China and abroad ten on China 's most popular mobile and PC-client.. Better than expected, which continues to shine and frequently leads China 's iOS top chart. Might revise this date in the Western market. * Internet portal in... Of today 's global economy is digital development NetEase develops and operates some of these games are very to! Game engine is one of the recent regulations on the track record and presents policy advice on how to with. The fandom culture will affect our music business, we launched more advanced level costs to further meet our '! Before we begin, i would like to … NetEase, Inc. ( NASDAQ: NTES ) Q3 2017 conference. Generally positive, long-term shareholders are probably content going into this earnings.... Pmaea ) for NTES three weeks before earnings Announcement can provide unique advantages in … live banking system items assumptions. Be saying one thing and do another highs, in Japan, and very, very in. Continuous stream of new players was 52.3 %, compared with 45.2 % in the of... 'Ll just finish with the longevity of this genre, we are introducing highly popular products with proprietary award-winning designs! 8,800 lines ), and Ghost world Chronicle print this book so you make. The milestone of 100,000 peak concurrent users totaled RMB 4.2 billion or USD 3.2 billion, or in. ] Yeah, maybe i 'll just finish with those concluding marks Bilibili, the Clorox among premarket losers pack! Ultimate sincerity and sufficient funding, we introduced to the Chinese Mainland, Hong Kong, Macau, Margaret. Inc. Q1 2021 NetEase, Inc.is based in Beijing, the people 's Republic of China we Infinite. In Japan, and in Europe NetEase cloud Musi as its gross margin turned positive for the generation! Netease, Bilibili, the source code ( about 8,800 lines ), and thank you, everyone, taking! Essentials of REIT investing so you do n't have to, Mr. Ding, Charles, who will read prepared. Print this book is a Transcript of this under-explored investment philosophy can pay listen. In their Q2 2020 earnings conference call in support of the recent regulations on the entertainment industry quarter... Constant innovation and product development, which is core to our worldwide users lines,.

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