NetEase sees robust growth in 2020
Hangzhou News   2021-03-02 14:30   Source:Xinhua

Chinese internet giant NetEase Inc posted net revenue of 73.67 billion yuan ($11.4 billion) in 2020, up 24.4 percent year-on-year.

In the fourth quarter, the firm earned a net revenue of 19.8 billion yuan, up 25.6 percent year on year, according to a financial report released by the company on Thursday.

NetEase's game revenue reached 54.61 billion yuan in 2020, while its Youdao, an intelligent-learning firm under NetEase, saw its net revenue jump 169.7 percent year on year to 1.11 billion yuan in Q4. 

Author:  Editor:Zhang Di