News

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NetEase commits to supporting overseas studios but feels structural changes are 'necessary'
'Our studios in North America, the UK, Spain, France, and Japan all continue to refine and develop their ongoing game projects.'
Feb. 25, 2025
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Report: NetEase cuts staff and projects as CEO prioritizes 'evergreen, mass-market' hits
The Chinese conglomerate has made heavy cuts across its game division as founder/CEO William Ding becomes more involved in its operations.
Feb. 22, 2025
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Marvel Rivals topped 40 million players before U.S. developers were laid off
NetEase delivered game revenues of $11.5 billion during the 2024 fiscal year.
Feb. 20, 2025
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Update: NetEase laid off Marvel Rivals devs in Seattle to 'optimize development efficiency'
'We are investing more, not less, into the evolution and growth of this game.'
Feb. 19, 2025
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Report: NetEase execs and employees arrested over alleged money laundering
Two of NetEase's senior executives are implicated in the trading scheme, which is also said to have involved nearly 30 companies.
Nov. 9, 2024
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NetEase and Bungie reveal F2P mobile Destiny spin-off Destiny: Rising
The announcement comes years after the two companies first partnered up, and months after Bungie enacted mass layoffs.
Oct. 15, 2024
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Report: NetEase cutting jobs at Ouka Studios ahead of potential closure
Layoff and shutdown rumors have begun to swirl just days after the launch of Ouka's latest project, Visions of Mana.
Aug. 30, 2024