NetEase (NTES) Tops Q2 EPS by 37c RMB

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NetEase Announces Second Quarter 2021 Unaudited Financial Results

August 31, 2021 4:30 AM EDT

HANGZHOU, China, Aug. 31, 2021 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), one of China's leading internet and online game services providers, today announced its unaudited financial results for the second quarter ended June 30, 2021.

Second Quarter 2021 Financial Highlights

Net revenues were RMB20.5 billion (US$3.2 billion), an increase of 12.9% compared with the second quarter of 2020. Online game services net revenues were RMB14.5 billion (US$2.3 billion), an increase of 5.1% compared with the second quarter of 2020. Youdao net revenues were RMB1.3 billion (US$200.3 million), an increase... More