NetEase's Q3 2023 financial report: Net revenue of 27.3 billion yuan and net profit of 8.6 billion yuan

E Company News: On November 16th, NetEase released its financial report for the third quarter of 2023, with Q3 net revenue of 27.3 billion yuan, in line with market expectations, compared to 24

E Company News: On November 16th, NetEase released its financial report for the third quarter of 2023, with Q3 net revenue of 27.3 billion yuan, in line with market expectations, compared to 24.4 billion yuan in the same period last year; Under non GAAP, the net profit attributable to the company's shareholders from continuing operations is 8.6 billion yuan; A single quarter R&D investment of 4.3 billion yuan, with a R&D investment intensity of 16% higher than that of the industry. In the first three quarters of this year, NetEase has invested over 12 billion yuan in research and development, continuing to accelerate the mass application of AI self-developed large models and other technologies in fields such as education, entertainment, and industry.


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