1 Comment

Summary:

NetEase.com, one of the big Chinese online portals, reported its Q2 earnings today, and the growth came ahead of analyst views. NetEase earn…

NetEase.com, one of the big Chinese online portals, reported its Q2 earnings today, and the growth came ahead of analyst views. NetEase earned 438.2 million RMB ($63.9 million) compared with 312.6 million RMB ($45.6 million) in the year-ago quarter. Revenues went up to 715.9 million RMB ($104.4 million) from 558 million RMB ($81.3 million), helped by increases in online game services and ad services revenues. Most of the ad revenues bump was due to the ongoing Beijing Olympics.

Sector wise, revenues from online games were RMB595.0 million ($86.8 million), compared to $69.3 million in the year-ago quarter. Revenues from advertising services were $15.2 million, compared to $9.5 million in the year-ago quarter. Revenues from wireless value-added services and others were $2.5 million, compared to $2.6 million in the year-ago quarter. More numbers here.

You’re subscribed! If you like, you can update your settings

  1. When you are in India on tourist visit, Don't miss chances to travel by bus

Comments have been disabled for this post