Netease
Former NetEase exec launches $100m game backer GTG
GreaterThan Group’s first projects include a Star Wars game and a shooter from industry veterans.
NetEase ends funding for Toshihiro Nagoshi’s studio
The studio is seeking new sponsors for Gang of Dragon while negotiating asset rights with NetEase.
NetEase posts $4b Q1 revenue as gaming drives 7.4% growth
NetEase’s gaming revenue surged 12.1%, driven by new releases like ‘Marvel Rivals’ and ‘Where Winds Meet.’
Chinese gaming revenue hits $18.6b overseas
Tencent’s PUBG Mobile is ranked second in overseas revenue among Chinese game developers.
NetEase exec steps down after 12 years of leadership
During his time at NetEase, he led global first-party studios and invested in notable firms.
NetEase to shut down public cloud service
NetEase’s public cloud service launched nearly a decade ago in China.
NetEase cuts jobs, projects as growth remains slow
CEO William Ding has paused new investments in gaming studios and IPs since early 2024.
NetEase said to cut jobs due to game underperformance
Despite over 10 million pre-launch reservations, the mobile shooter game could not achieve the desired success.
China starts 2024 with approval of 115 game titles, a recent record high
In 2023, a total of 1,076 games got licenses, doubling the 512 titles granted in 2022.
China removes rules limiting gaming from regulator’s website
Shares of gaming giants Tencent and NetEase rose by around 4% and 2.4%, respectively, after the removal.


