Marvel Rivals' developer NetEase has accused nine of its employees of engaging in bribery and money laundering.
NetEase's Q3 earnings disappointed, with challenges in gaming dragging down results despite some growth in other segments.
Shares of the Chinese videogame giant were 13% higher by midday Friday, on track for their biggest one-day percentage gain in more than two years. The stock remains about 3.6% lower this year. NetEase ...
NetEase reported a 3.9% revenue decline in Q3 2024, beating analyst estimates. Strong performance in gaming and new releases.
Chinese videogame giant NetEase posted lower net profit and revenue in the third quarter amid gaming-segment weakness and a ...
NetEase shows strong net profit growth and competitive advantage in mobile gaming, despite regulatory challenges. Read more ...
The Hangzhou, China-based company said it had net income of $1.44 per share. Earnings, adjusted for stock option expense, were $1.66 per share. The internet technology company posted revenue of $3.73 ...
Two former NetEase executives and several ex-employees have been implicated in an alleged money laundering scheme at the ...
Nine NetEase employees have reportedly been detained on money laundering and bribery charges amounting to an estimated ...
NetEase confirmed that police have taken the executives and employees into custody and are investigating money laundering ...
There have been a few estimates for how much cash employees allegedly laundered. Some reports indicate up to 2 billion yuan ...
Chinese publisher NetEase Games fires two of its senior executive members who have been accused of money laundering and ...