NetEase Revenue Grows in First Half as Profit Declines
China’s domestic gaming market generated 188.45 billion yuan in revenue in Jan–Jun 2026, serving 684 million users, while Tencent recorded about 130.1 billion yuan in gaming revenue. NetEase’s gaming and related value-added services revenue rose to 50.7 billion yuan, but net profit declined, partly due to roughly 3 billion yuan losses on PDD and Alibaba investments and foreign-exchange losses exceeding 400 million yuan.