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NetEase.com Posts More Internet Revenue In China
February 25, 2010Chinese Internet company NetEase.com Inc. announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2009, and showed large annualized and sequential revenue increases.
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NetEase Gains Chinese Government Approval To Operate Online Game
February 13, 2010Chinese Internet media company NetEase.com Inc. now has approval to run its World of Warcraft expansion game in China.
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Looking Back At China's Top Technology News In 2009
January 7, 2010It's the end of a great year at ChinaTechNews.com, and we have compiled a list of our own top ten online technology stories and topics for 2009. The year 2009 began with worries of how the financial crisis would impact Chinese businesses, but those worries soon disappeared as businesses realized China was on its own [...]
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The9's Revenue From Games In China Drops 91%
November 24, 2009The game seems almost over for Chinese online entertainment and game company The9 Limited as its newly-announced unaudited financial results for the quarter ended September 30, 2009, show a net revenue decrease of 91%.
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Netease.com Posts Lackluster Internet Results For A Difficult Quarter In China
November 19, 2009In a quarter that saw its gaming aspirations come to a halt because of Chinese government sanctions, Chinese Web portal Netease.com has posted lackluster quarterly results.
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More Computer Game Companies Exposed For Illegal Operations In China
November 5, 2009Coming days after word that NetEase.com was illegally running its World of Warcraft game, China's Ministry of Culture has issued a circular which exposes 188 computer games companies for illegal operations.
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Chinese Govt: NetEase.com Has No Approval To Operate Internet Game
November 3, 2009Proving that Internet business models in China can come and go at the whim of a Chinese government agency, a new government edict states NetEase.com has no authority to operate the World of Warcraft and the company should immediately stop charging users to play the game.
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Investors Attack The9 For Alleged Inaccurate Financial Statements About Chinese Online Games
October 22, 2009A law firm in the United States is going after Chinese online gaming firm The9 in a new class action lawsuit claiming that The9's executives made inaccurate statements about the company's financial situation.
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Not Just Chinese Checkers: Shanda Games Preps IPO In USA
September 25, 2009Feeding an appetite in the West for Chinese Internet company stocks, a new initial public offering is ready to ignite.
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NetEase.com Formally Resumes Operation Of WoW In China
September 22, 2009World of Warcraft, the online game currently operated by NetEase.com in mainland China, has published a report on its Chinese official website, stating that the online game formally resumed operation in mainland China on September 19, 2009.
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Massive Online Gaming Profit Drop For The9 In China
August 28, 2009Not operating the World of Warcraft online game in China has hit The9 with a CNY79.2 million net loss in the second quarter ended June 30, 2009.
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The9 Gets Exclusive Game License From Taiwanese Company
July 24, 2009Chinese online game company The9 Limited has entered into an agreement with Taiwan's Userjoy Technology Company Ltd. for an exclusive license to operate Kingdom Heroes 2 Online, a 3D massively multiplayer online role playing game, in mainland China.
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GAPP: WoW Can Implement Beta Test From July 30
July 22, 2009According to a representative from the General Administration of Press and Publication of China, the content examination of World of Warcraft has been completed and GAPP now allows NetEase.com to start beta test of the game from July 30, 2009.
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The9 Expects Its Online Gaming Profit In China To Drop Up To 75%
July 1, 2009The bad news has not stopped for Chinese online gaming firm The9 Limited, as the company has now filed a Form 12b-25 with the United States Securities and Exchange Commission regarding the late filing of its annual report on Form 20-F for the year ended December 31, 2008.
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NetEase.com Apologizes For Postponed WoW Game Server Opening
July 1, 2009Chinese online game operator NetEase.com has published a report stating that it feels sorry that the servers of World of Warcraft are unable to be opened on time, due to unexpected circumstances.
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