NetEase CEO treats tech bosses for a homely meal.
The founder and CEO of NetEase denied the rumors that the news operations were not lucrative.
NetEase will bring VR into its live streaming and online courses, and plans to launch its AR game within 2016.
NetEase News will launch a live streaming platform to provide news by professional news reporters.
NetEase has partnered with Google and Microsoft, and built four VR/AR labs in China.
As of Monday, NetEase Cloud Music had attracted 200 million registered users, up 100% from last year.
Keywords for this year’s ChinaJoy may include: VR/AR games, global games market, and classic IP.
In response to the Tencent and China Music Corporation merger, major competitor Netease Cloud Music may raise new funds, selling off a 12%-15% of its equity.
The success of NetEase is part of the wider story of China’s booming online gaming industry.
Joining hands with Google’s VR platform Daydream, NetEase is now setting up its own VR platform, Dream Lab.