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johnsyn

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johnsyn

Re: eastunder post# 249

Thursday, 05/17/2012 4:34:53 PM

Thursday, May 17, 2012 4:34:53 PM

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MORE on it: 2:22 PM Chinese online game developer/portal NetEase (NTES +5.2%) makes new highs after reporting Q1 revenue of $318.2M (+39% Y/Y) and EPS of $1.14, beating Street estimates by $8.5M and $0.13. Growth was fueled by strong uptake for the company's Ghost and Tianxia III games. In addition, NetEase reported a 24% Q/Q increase for users of its microblogging service to 121M (Sina's Weibo has 300M+), and a 6.7% Q/Q increase in registered e-mail accounts to 480M. SEEKING ALPHA
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