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NetEase Games Reports $2.9 Billion in Quarterly Revenues

Newsweek on MSN · 3d

NetEase Games Reports $2.9 Billion in Quarterly Revenues as Marvel Rivals Soars Past 40 Million Players

During the whole fiscal year 2024, NetEase Games brought in $11.5 billion, another slight plus compared to the previous year. The revenues from mobile games made up around 73% of the total, down around 1.5% from the fiscal year 2023. NetEase attributed this to both Marvel Rivals and its long-running wuxia battle royale game Naraka: Bladepoint.

GosuGamers · 7h

Marvel Rivals was reportedly almost cancelled because NetEase didn't want to pay Disney

According to a recent Bloomberg report, NetEase came close to cancelling Marvel Rivals entirely because it didn’t want to pay Disney for the use of its iconic Marvel heroes and villains.

GamesRadar on MSN · 2d

NetEase denies report that its CEO tried to cut Marvel from Marvel Rivals because he didn't want to pay Disney for the license

NetEase founder and CEO William Ding was unhappy about paying Disney for the Marvel license, according to a Bloomberg report citing anonymous sources familiar with the company's o

Rumor: What Video Game Companies Are At Risk From NetEase’s Restructuring?

Grasshopper Manufacture and Toshihiro Nagoshi's Nagoshi Studio are among those studios whose fates are uncertain.

2don MSN

NetEase’s Billionaire CEO Slashes Jobs and Games in Profit Push

After years of expanding overseas, video-game billionaire William Ding is hitting the brakes at NetEase Inc., the pioneering ...

More NetEase Development Studios Could Be at Risk

Even more NetEase Games studios are reportedly at risk of defunding and closure due to the company's ongoing cost-cutting ...

Rumor: NetEase Restructuring Its Entire Business, Affecting All Their Studios Around The World

As reported by Bloomberg, NetEase CEO William Ding has chosen to restructure the company’s entire business. Many projects in ...

Hosted on MSN22h

Yakuza Creator's Next Game Could Be in Trouble

Yakuza franchise creator Toshihiro Nagoshi faces problems with his upcoming game as NetEase reportedly continues big budget ...

1h

NetEase price target raised to $104 from $82 at Barclays

Barclays raised the firm’s price target on NetEase (NTES) to $104 from $82 and keeps an Equal Weight rating on the shares. The company reported ...

Video Games Chronicle2d

More than a dozen NetEase studios are reportedly at risk, including Nagoshi, Quantic Dream and Grasshopper

Numerous NetEase studios, including Quantic Dream, Nagoshi Studio, and Grasshopper, are reportedly at risk of closure after ...

3don MSN

Days after dev layoffs, NetEase confirms Marvel Rivals has surpassed 40 million players, celebrates the company "delivering groundbreaking gaming experiences"

Days after laying off a number of its devs, NetEase has confirmed that Marvel Rivals has amassed over 40 million players as ...

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