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NAS:NTES, Jul 18, 12:15 UTC

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Tuesday, July 16


News

Gamasutra - NetEase nabs minority stake in Dead by Daylight dev Behaviour Interactive

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This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Chinese internet and online game company NetEase Games has picked up a minority stake in Dead by Daylight developer Behaviour Interactive. Following the investment, Behaviour will continue to operate independently under the leadership of president and executive producer Remi Racine, although NetEase will nominate a director to the studio's board.

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NetEase acquires minority stake Fallout Shelter dev Behaviour

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Chinese publishing giant NetEase has acquired a strategic minority stake in Canada’s Behaviour Interactive. As part of the deal the China firm will nominate a director to the Montreal-based developer’s board. "NetEase is pleased to further develop our relationship with Behaviour, an online games pioneer and a leader of the asymmetrical battle arena genre," said NetEase VP Ethan Wang. Behaviour president Rémi Racine added: "NetEase's investment validates the reputation for excellence and efficiency we have built in the online games sector over the last 27 years. "At Behaviour, we are continuously looking for opportunities to accelerate growth by investing in R&D for new and innovative games for our players and in the recruitment of exceptional talent. “As an industry leader in online games, NetEase brings highly reputable R&D and operational capabilities and experience that we believe will drive sustainable, long-term growth well into the future." Outside of mobile, the company has worked on games including Deathgarden: Bloodharvest and Dead by Daylight, the latter of which has been played by 12 million players.

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NetEase invests in Canada’s largest indie game developer Behaviour Interactive – KrASIA

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The company’s lineup of games has already found fans in Japan. NetEase, one of China’s top players in the gaming industry, has acquired a minority stake in Behaviour Interactive, Canada’s largest independent video game developer, the company said in a press release on Monday. Neither company has disclosed the deal’s financial details. It has created more than 250 titles, including multiplayer horror game Dead by Daylight and first-person adventure game Far Cry 3. Ethan Wang, vice president of NetEase, said that the company “looks forward to leveraging Behaviour’s deep passion and expertise to enhance its R&D efforts and deliver even more exciting new products to players worldwide.”.

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NetEase Games Announces Strategic Investment in Behaviour Interactive

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Following this investment, Montreal-based Behaviour will continue to operate independently under the leadership of Rémi Racine, its President and Executive Producer, and NetEase Games will nominate a director to Behaviour's Board. "NetEase is pleased to further develop our relationship with Behaviour, an online games pioneer and a leader of the asymmetrical battle arena genre," said Ethan Wang, Vice President of NetEase, Inc. "We look forward to leveraging Behaviour's deep passion and expertise to enhance our R&D efforts and deliver even more exciting new products to players worldwide." Known as a premium content provider for game enthusiasts in China, NetEase Games has established itself on the global scene with successful game launches in multiple geographies in more recent years. NetEase Games is the online games division of NetEase, Inc. (NTES), developing and operating some of the most popular PC-client and mobile games in markets including China and Japan. As one of the world's largest incubators of quality online game content, NetEase Games is dedicated to supporting the growth of innovative studios around the globe and growing an international presence along the way.

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Monday, July 15


News

Nordea Investment Management AB Acquires 2,384 Shares of NetEase Inc (NASDAQ:NTES) – Mayfield Recorder

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TH Capital upped their price objective on shares of NetEase from $270.00 to $310.00 and gave the company a “buy” rating in a research report on Monday, May 13th. Three investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. 406,300 shares of the company’s stock were exchanged, compared to its average volume of 719,448. During the same period last year, the firm posted $1.59 earnings per share. As a group, sell-side analysts forecast that NetEase Inc will post 8.77 earnings per share for the current year.

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Thursday, July 04


News

NetEase (NASDAQ:NTES) Upgraded by Zacks Investment Research to “Buy” – Slater Sentinel

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According to Zacks, “NetEase, Inc. is an Internet technology company engaged in the development of applications, services and other technologies for the Internet in China. The Company also offers wireless value-added services such as news and information content, matchmaking services, music and photos from the web that are sent over SMS, MMS, WAP, IVR and Color Ring-back Tone technologies. TH Capital lifted their price objective on shares of NetEase from $270.00 to $310.00 and gave the company a buy rating in a report on Monday, May 13th. FMR LLC now owns 2,172,576 shares of the technology company’s stock worth $511,359,000 after purchasing an additional 72,461 shares in the last quarter. Norges Bank purchased a new position in shares of NetEase in the fourth quarter worth about $214,335,000.

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NetEase Inc (NASDAQ:NTES) Receives $277.05 Average Price Target from Brokerages – Sundance Herald

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NetEase Inc (NASDAQ:NTES) has been given an average rating of “Buy” by the sixteen ratings firms that are currently covering the firm, MarketBeat Ratings reports. Finally, Zacks Investment Research upgraded shares of NetEase from a “sell” rating to a “hold” rating and set a $311.00 target price on the stock in a report on Wednesday, April 24th. 372,558 shares of the company’s stock were exchanged, compared to its average volume of 550,838. The stock has a market capitalization of $34.88 billion, a P/E ratio of 38.66, a PEG ratio of 2.01 and a beta of 0.85.

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Wednesday, July 03


News

NetEase (NASDAQ:NTES) Stock Rating Lowered by BidaskClub – Tech Know Bits

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NetEase (NASDAQ:NTES) was downgraded by research analysts at BidaskClub from a “strong-buy” rating to a “buy” rating in a research report issued on Wednesday, June 26th, BidAskClub reports. The company currently has a consensus rating of “Buy” and an average price target of $280.45. The stock has a market capitalization of $34.50 billion, a price-to-earnings ratio of 29.49, a P/E/G ratio of 2.02 and a beta of 0.85. Lazard Asset Management LLC now owns 3,958,410 shares of the technology company’s stock worth $955,757,000 after purchasing an additional 518,036 shares during the period.

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Thursday, June 13


News

NetEase (NASDAQ:NTES) Price Target Raised to $320.00 at Barclays – Mayfield Recorder

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The brokerage currently has an “overweight” rating on the technology company’s stock. Finally, TH Capital lifted their price target on shares of NetEase from $270.00 to $310.00 and gave the stock a “buy” rating in a research note on Monday, May 13th. During the same period in the prior year, the firm earned $1.59 earnings per share. As a group, equities analysts forecast that NetEase will post 8.94 earnings per share for the current year. Matthews International Capital Management LLC now owns 164,300 shares of the technology company’s stock worth $39,670,000 after buying an additional 9,310 shares during the period.

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Sunday, June 09


News

NetEase (NASDAQ:NTES) Stock Rating Reaffirmed by Benchmark – Trent Times

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NetEase (NASDAQ:NTES)‘s stock had its “buy” rating restated by Benchmark in a research note issued on Thursday, May 16th, Briefing.com Automated Import reports. Zacks Investment Research raised NetEase from a “hold” rating to a “strong-buy” rating and set a $289.00 price target on the stock in a research report on Wednesday, February 6th. The stock has a market cap of $33.92 billion, a P/E ratio of 37.59, a price-to-earnings-growth ratio of 1.95 and a beta of 0.91. Quadrant Capital Group LLC now owns 508 shares of the technology company’s stock valued at $116,000 after purchasing an additional 450 shares in the last quarter.

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