NTES: New Games Performing Well and Ecommerce Enjoying High Season; Expect Better 2Q18 Revenue

  • NTES: New Games Performing Well and Ecommerce Enjoying High Season; Expect Better 2Q18 Revenue

NTES will report 2Q18 results on August 8th after the markets close followed by a 9pm EST conference call. Based on our proprietary data and calculations, NTES’s 2Q18 revenue is likely to be better than consensus expectation at RMB16,479M. During 2Q18, NTES released 7 new games and participated in the “6.18” sales promotions.

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