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…
NetEase Tries to Show It’s Not Just About Games Anymore
The company’s Youdao education and Cloud Music divisions posted strong double-digit revenue growth in last year’s fourth quarter, and could soon become profitable Key Takeaways: NetEase’s revenue rose 4% to…
Shrinking Tencent Music Looks for Sustainable Business Model
China’s equivalent of Spotify posted first-quarter revenue and profit declines, as it overhauls its business after being ordered to stop anti-competitive practices Key Takeaways: Tencent Music’s revenue and profit fell…