Netease Beta-testing the Next Big Hit
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Now, Netease has started public testing of the next big hit Datang (The Superpower of Tang Dynasty)
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It has already produced a frenzy among online game players in China. Netease hope to have formal beta-testing in the middle of next month. It will be another huge holiday release near Chinese New Year for Netease, many expected.
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Netease has earned almost 90% of their bottom line from the online gaming services. The online games also had a huge gross margin of slightly over 90% in last quarter. The company's stock is listed on Nasdaq Market. It has taken off since the begining of 2002 and has doubled in value in last 12 months. It continues to climb in recent days on speculation that Google may pursue the company using cash from their latest secondary offering.
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