BRIEF: NetEase’s profit jumps nearly 30% as game revenue rises 12%
NetEase Inc. (9999.HK; NTES.US) reportedon Thursday that its revenue rose more than 8% year-on-year to 28.36 billion yuan ($13 billion) in the third quarter, slowing from its 9.4% growth in…
Yalla sees ‘inflection point’ next year as new gaming initiative takes flight
After a year of preparations, the Middle Eastern social media company launched its first self-developed midcore game during the third quarter Key Takeaways: Yalla kept its revenue growth streak alive…
BRIEF: Boyaa buys an additional $28 million worth of bitcoin
Online game developer Boyaa Interactive International Ltd. (0434.HK) said on Tuesday it bought 245 bitcoins between Sept. 15 and 16 for a total of HK$219 million ($28.16 million). It funded…
BRIEF: Archosaur buys $24.2 million in wealth management products
Mobile game developer Archosaur Game Inc. (9990.HK) said last Friday it purchased a series of wealth management products totaling $24.2 million, including $12.6 million invested last week in bond-linked notes.…
BRIEF: CMGE forecasts first-half loss up to $90 million
Game operator CMGE Technology Group Ltd. (0302.HK) said on Tuesday it expects to report a net loss of up to 650 million yuan ($90 million) for the first half of this year, widening…
BRIEF: DouYu returns to revenue growth, profits
Livestream gaming company DouYu International Holdings Ltd. (DOYU.US) on Monday reported its first quarterly revenue growth in more than three years, as its business stabilized after a difficult period for many Chinese…
BRIEF: NetEase revenue, profit rise in second quarter
NetEase Inc. (NTES.US) said on Thursday its revenue rose 9.4% to 27.9 billion yuan ($3.89 billion) in the second quarter of 2025 from 25.5 billion yuan a year earlier, as…
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