HANGZHOU, China, May 26, 2025 /PRNewswire/ -- RBW Inc. (KOSDAQ: 361570), a leading integrated content production company and home to top K-POP acts such as MAMAMOO, ONEUS, ONEWE, and PURPLE KISS, has entered into a strategic copyright partnership with NetEase Cloud Music (HKEX: 9899), one of China's most influential music streaming platforms. This collaboration is set to mark a new chapter in Korea-China music exchange and accelerate K-POP's expansion into the Chinese market.

Under this partnership, RBW will provide access to its entire catalog on NetEase Cloud Music, including all group and solo releases from its artists—MAMAMOO's Solar and Moon byul included. Future releases will also be rolled out as exclusives, offering earlier access to Chinese fans.

HANGZHOU, China, May 15, 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 first quarter ended March 31, 2025.

First Quarter 2025 Financial Highlights

Net revenues were RMB28.8 billion (US$4.0 billion), an increase of 7.4% compared with the same quarter of 2024.Games and related value-added services net revenues were RMB24.0 billion (US$3.3 billion), an increase of 12.1% compared with the same quarter of 2024.Youdao net revenues were RMB1.3 billion (US$178.9 million), a decrease of 6.7% compared with the same quarter of 2024.NetEase Cloud Music net revenues were RMB1.9 billion (US$256.1 million), a decrease of 8.4% compared with the same quarter of 2024.Innovative businesses and others net revenues were RMB1.6 billion (US$223.8 million), a decrease of 17.6% compared with the same quarter of 2024.Gross profit was RMB18.5 billion (US$2.5 billion), an increase of 8.6% compared with the same quarter of 2024.Total operating expenses were RMB8.0 billion (US$1.1 billion), a decrease of 14.4% compared with the same quarter of 2024.Net income attributable to the Company's shareholders was RMB10.3 billion (US$1.4 billion). Non-GAAP net income attributable to the Company's shareholders was RMB11.2 billion (US$1.5 billion).[1]Basic net income per share was US$0.45 (US$2.24 per ADS). Non-GAAP basic net income per share was US$0.49 (US$2.44 per ADS).[1]

HANGZHOU, China, May 5, 2025 /PRNewswire/ -- NetEase Cloud Music, one of China's leading music streaming platforms with over 206 million Monthly Active Users (MAUs), is making China's streaming charts more accessible to the global music industry through a new partnership with Soundcharts. This collaboration provides structured access to NetEase Cloud Music rankings from China, offering global professionals valuable insights into one of the world's most dynamic music markets.

Expanding Access to China's Music Trends

HANGZHOU, China, April 30, 2025 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), a leading internet and game services provider, today announced that it will report financial results for the 2025 first quarter on Thursday, May 15, 2025, before the open of the U.S. markets.

The earnings teleconference call with simultaneous webcast will take place at 8:00 a.m. Eastern Time on Thursday, May 15, 2025 (Beijing/Hong Kong Time: 8:00 p.m., Thursday, May 15, 2025). NetEase's management will be on the call to discuss the quarterly results and answer questions.

HANGZHOU, China, April 16, 2025 /PRNewswire/ -- On April 16, MIYEON, lead vocalist of K-pop group (G)I-DLE, teams up with Jike Junyi, one of China's most internationally styled pop icons, to release "Glow Up" - NetEase Cloud Music 'Hearts' Vol. 1. This two-track single, featuring both a duet and a solo version, makes its exclusive debut on NetEase Cloud Music, with a worldwide release across major international streaming platforms. 

Empowering Confidence and Transformation "Glow Up" is a dynamic anthem of self-confidence and fearless transformation. The song's bold energy and uplifting themes recall the spirit of (G)I-DLE's hits "Queencard" and "Klaxon", while drawing inspiration from the vibrant tone of Jike Junyi's acclaimed debut track, The Color of Black (Cai se de hei). MIYEON describes the track as "perfectly aligned with my mindset and (G)I-DLE's attitude toward life," emphasizing its message of loving oneself and embracing change.

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/.

The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to the IR Department, NetEase, Inc., NetEase Building, No. 399 Wangshang Road, Binjiang District, Hangzhou, 310052, People's Republic of China at the contact information listed below.

HANGZHOU, China, Feb. 23, 2025 /PRNewswire/ -- Korean entertainment group Starship Entertainment has entered into a copyright partnership with China's premier online music platform, NetEase Cloud Music. This agreement brings Starship's complete catalog, including the latest hits from renowned Korean girl group IVE and their third mini album, "IVE EMPATHY," to Chinese audiences. The partnership not only boosts Starship Entertainment's profile in China but also diversifies the music offerings available to Chinese listeners with a wider array of musical styles.

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

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

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 2024 Financial Highlights

Net revenues were RMB26.7 billion (US$3.7 billion), a decrease of 1.4% compared with the same quarter of 2023.Games and related value-added services net revenues were RMB21.2 billion (US$2.9 billion), an increase of 1.5% compared with the same quarter of 2023.Youdao net revenues were RMB1.3 billion (US$183.6 million), a decrease of 9.5% compared with the same quarter of 2023.NetEase Cloud Music net revenues were RMB1.9 billion (US$257.6 million), a decrease of 5.3% compared with the same quarter of 2023.Innovative businesses and others net revenues were RMB2.3 billion (US$313.1 million), a decrease of 17.0% compared with the same quarter of 2023.Gross profit was RMB16.3 billion (US$2.2 billion), a decrease of 3.3% compared with the same quarter of 2023.Total operating expenses were RMB8.5 billion (US$1.2 billion), a decrease of 15.1% compared with the same quarter of 2023.Net income attributable to the Company's shareholders was RMB8.8 billion (US$1.2 billion). Non-GAAP net income attributable to the Company's shareholders was RMB9.7 billion (US$1.3 billion).[1]Basic net income per share was US$0.38 (US$1.89 per ADS). Non-GAAP basic net income per share was US$0.42 (US$2.09 per ADS).[1]