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    Miranda ZhuangBank of America Merrill Lynch

    Miranda Zhuang's questions to NetEase Inc (NTES) leadership

    Miranda Zhuang's questions to NetEase Inc (NTES) leadership • Q2 2025

    Question

    Miranda Zhuang from Bank of America Merrill Lynch inquired about NetEase's marketing and operational strategies for both new and legacy games, asking for any notable changes and the outlook for sales and marketing expenses.

    Answer

    Bill Pang, VP of Corporate Development, explained that NetEase has a mature methodology for game marketing and operations developed over two decades. He highlighted the company is now embracing new methods, including social media and AI, to make marketing investments more precise and effective, stating they know when to spend and when to be frugal.

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