TITLE

NetEase In 'Risky' Territory With New E-Com Venture

AUTHOR(S)
MICHELE CHANDLER
PUB. DATE
August 2015
SOURCE
Investors Business Daily;8/13/2015, p00
SOURCE TYPE
Newspaper
DOC. TYPE
Article
ABSTRACT
The article reports on the 6 percent drop in shares of China-based gaming and Internet company NetEase on August 13, 2015, which was driven by lower profit margins from some of its newer operations and the temporary suspension of some of its lottery products. Topics discussed include the impact of increased revenue contributions from its electronic commerce platform Koala and reason behind the decrease in its online games business.
ACCESSION #
108887998

 

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