HANGZHOU, China, May 10, 2017
/PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES) one of China's leading Internet and online game
services providers, today announced its unaudited financial results
for the first quarter ended March 31,
2017.
NetEase led the industry with stunning results in the first
quarter with total net revenues of RMB13.6
billion (US$2.0 billion), an
increase of 72.3% compared with the same period last year. With a
diverse and robust mobile game portfolio that delivers excellent
results, net revenues for online games reached RMB10.7 billion (US$1.6
billion), an increase of 78.5% compared to the same period
last year. Gross profit came in at a solid RMB7.5 billion (US$1.1
billion), an increase of 63.2% year-over-year.
The Company's latest blockbuster title, Onmyoji garnered
over 200 million downloads worldwide and ranked Best Mobile Game
2016, along with Pokemon Go and Clash Royale in the
Games of the Year rankings by Facebook, Onmyoji. Meanwhile,
the international PC version of Onmyoji in traditional
Chinese made its debut on Facebook Gameroom in recent FBF8
conference. All-time blockbuster mobile game favorites such as
Fantasy Westward Journey, Ghost, and Westward
Journey continued their popularity and ranked among the top 10
highest grossing mobile games in China's iOS App
Store. In addition, Netease Games announced the release of
Minecraft's Chinese closed beta at Beijing's massive water cube. The Company also released new mobile games
including Land of Glory, Mist World, and Demon Seals, all
of which had excellent reception.
NetEase continues to accelerate its international expansion by
creating new immersive and global gameplay experiences. In addition
to existing titles such as Tome of the Sun, Eternal
Arena, and Twilight Pioneers on the Google VR platform,
in January, NetEase released Immortal Conquest - a MMO
strategy war game, in which players build and manage their own
cities, expand on over 2 million pieces of land, and align with
other players to conquer the world. In February, NetEase's
self-developed PC game Revelation was released in
Europe and the U.S., and is a
Chinese mythical fantasy game with CG-like in-game graphics. In
addition, the latest title Crusaders of Light delivers an
authentic PC-quality MMORPG experience for mobile phones and
tablets, within a stunning and open 3D fantasy world filled with
luscious landscapes, treacherous dungeons, and coveted loot. The
game is now in soft launch in limited countries while the
international launch is coming soon over the summer.
About NetEase
NetEase, Inc. (NASDAQ: NTES) is a leading internet technology
company in China. Dedicated to
providing online services centered around content, community,
communication and commerce, NetEase develops and operates some of
China's most popular PC-client and
mobile games, advertising services, e-mail services and e-commerce
platforms. In partnership with Blizzard Entertainment, Mojang AB (a
Microsoft subsidiary) and other global game developers, NetEase
also operates some of the most popular international online games
in China. For more information,
please visit: http://ir.netease.com/.
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SOURCE NetEase Games