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HANGZHOU, China , April 15, 2025 /PRNewswire/ -- Youdao, Inc. ("Youdao" or the "Company") (NYSE: DAO), an AI-powered solutions provider specializing in artificial intelligence applications for the learning and advertising verticals, today announced that the Company had filed its annual report on Form 20-F for the full year ended December 31, 2024 with the U.S. Securities and Exchange Commission. The annual report is available on the Company's investor relations website at ir.youdao.com and on the SEC's website at www.sec.gov.
HANGZHOU, China, April 15, 2025 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or "the Company"), a leading internet and game services provider, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024. The annual report can be accessed on the Company's investor relations website at http://ir.netease.com/.
Dividend stocks have been a reliable cornerstone for those who want to anchor their portfolios when markets get shaky.
Nvidia NVDA-5.74%, Tesla TSLA-5.58%, and the rest of Big Tech are having a rough go of it, while China's Terrific 10— Alibaba 9988+0.46%, Tencent 700+0.49%, Meituan 3690+1.81%, Xiaomi 1810-4.17%, JD.com JD+0.75%, NetEase NTES+1.05%, Baidu BIDU+2.22%, BYD 002594+2.79%, Geely 175-1.05%, and SMIC 981+4.24%—are not. That raises the question: Are the Mag Seven yesterday's news and is it time to focus on their Chinese counterparts instead?
NetEase: Undervalued Gaming Giant With Global Potential
NetEase, Inc. (NASDAQ:NTES ) Q4 2024 Earnings Conference Call February 20, 2025 7:00 AM ET Company Participants Brandi Piacente - Investor Relations Bill Pang - Vice President, Corporate Development William Ding - Chief Executive Officer Conference Call Participants Yang Bai - CICC Yang Liu - Morgan Stanley Ritchie Sun - HSBC Alicia Yap - Citigroup. Lincoln Kong - Goldman Sachs Felix Liu - UBS Operator Good day and welcome to the NetEase 2024 Fourth Quarter and Fiscal Year 2024 Earnings Conference Call.
HANGZHOU, China , Feb. 20, 2025 /PRNewswire/ -- NetEase Cloud Music Inc. (HKEX: 9899 or the "Company"), a leading interactive music streaming service provider in China, today announced its financial results for the fiscal year 2024 ended December 31, 2024. Summary of Key Financial Metrics (RMB in thousands, unless otherwise stated) Year ended 31 December 2024 2023 (Unaudited) (Unaudited) Revenue 7,950,146 7,866,992 Gross profit 2,681,512 2,102,670 Profit before income tax 1,570,255 767,679 Profit for the period 1,565,369 734,182 Non-IFRS measure: Adjusted net profit (1) 1,700,078 818,500 Fiscal Year 2024 K ey Financial Highlights Revenue was RMB8.0 billion, an increase of 1.1% compared with RMB7.9 billion in 2023.
HANGZHOU, China , Feb. 20, 2025 /PRNewswire/ -- Youdao, Inc. ("Youdao" or the "Company") (NYSE: DAO), an intelligent learning company with industry-leading technology in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2024. Fourth Quarter 2024 Financial Highlights Total net revenues were RMB1.3 billion (US$183.6 million), representing a 9.5% decrease from the same period in 2023.
HANGZHOU, China , Feb. 20, 2025 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), a leading internet and game services provider, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2024. Fourth Quarter 202 4 Financial Highlights Net revenues were RMB26.7 billion (US$3.7 billion), a decrease of 1.4% compared with the same quarter of 2023.
Chinese game companies may be forced to sell off their overseas holdings in U.S. game companies. That could cause an earthquake in gaming.