In a report released today, Yang Liu from Bernstein maintained a Buy rating on NetEase (NTES – Research Report), with a price target of $125.00. The company’s shares closed yesterday at $100.60.

Chinese game publisher NetEase (NTES) has been directed to divest its overseas holdings, starting with hit game Marvel Rivals, which laid off its Seattle team, VentureBeat’s N. Evan Van Zelfden ...

NetEase has laid off its US-based Marvel Rivals development team shortly after the game's successful release. Despite generating $136 million in its first month, the decision was unexpected and ...

TL;DR: NetEase, after recent layoffs and project cancellations, reaffirms its commitment to supporting overseas game development and "master creators." Shortly after shutting down a studio ...

Chinese internet and video-gaming giant NetEase is shutting down one of its public cloud computing services amid intense competition in a crowded market. The Hangzhou-based company on Friday ...

Despite being the most successful new live service game in years, Chinese owner NetEase has laid off the American developers responsible for Marvel Rivals. Online shooter Marvel Rivals is ...

Insiders say its due to high costs and China’s maturing games industry (NetEase) Despite signs of it retreating from overseas investments, publisher NetEase says it remains committed to its ...

In this article, we are going to take a look at where NetEase, Inc. (NASDAQ:NTES) stands against other cheap Chinese stocks to buy now. On February 12, Russell Investment released its Chinese ...

NetEase Games plans to support Marvel Rivals for at least 10 years. Updates have introduced new characters, skins, and maps. With the expected new character every 45 days, this means around 80 new ...

Marvel Rivals is a big hit, but apparently that doesn't matter. NetEase has now confirmed the layoffs of Marvel Rivals developers in a statement provided to PC Gamer. "We recently made the ...

“My stellar, talented team just helped deliver an incredibly successful new franchise in Marvel Rivals for NetEase Games… and were just laid off!” Sasser is a veteran level designer and ...