Warcraft will return to China, the world's biggest video game market, as Microsoft-owned Blizzard and NetEase make up after a year-long feud [Fortune]
NetEase, Inc. - American Depositary Shares, each representing 5 ordinary shares (NTES)
Last netease, inc. - american depositary shares, each representing 5 ordinary shares earnings: 2/26 06:00 pm
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Source: Fortune
With the deal, famed franchises like StarCraft Diablo Hearthstone and Overwatch will once again be live for players in China. The Hangzhou-based publishing giant and Microsoft's Activision Blizzard subsidiary halted a longtime partnership in January of last year after failing to agree on an extension, causing a 15% plunge in NetEase shares in Hong Kong. Separately, Microsoft's gaming division and NetEase have agreed to explore bringing new NetEase titles to Xbox consoles and other platforms, the companies said in a statement. NetEase shares gained as much as 2.4% in Hong Kong on Wednesday, after rising 4.1% a day earlier on speculation about the return of Blizzard's games. “We are thrilled to embark on the next chapter, built on trust and mutual respect, to serve our users in this unique community that we've built together,” NetEase Chief Executive Officer William Ding said in the statement. The expiration of the previous deal descended into acrimony when the two sides alleged
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News
- NetEase, Inc. (NASDAQ: NTES) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
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- NetEase, Inc. Announces Filing of Annual Report on Form 20-F for Fiscal Year 2023 and Publication of 2023 Environmental, Social and Governance ReportPR Newswire
- NetEase, Inc. (NASDAQ: NTES) had its price target lowered by analysts at HSBC Holdings plc from $130.00 to $126.00. They now have a "buy" rating on the stock.MarketBeat
NTES
Earnings
- 2/29/24 - Miss
NTES
Sec Filings
- 4/26/24 - Form 6-K
- 4/25/24 - Form 6-K
- 4/25/24 - Form 20-F
- NTES's page on the SEC website