What Drove NetEase’s Revenue Growth in Q2 2018?
Let’s look now at NetEase’s (NTES) revenue growth in the second quarter of 2018 followed by a comparative peer analysis. NetEase’s revenue grew 22% YoY (year-over-year) and 15% QoQ (quarter-over-quarter) to 16.3 billion yuan ($2.5 billion) in the second quarter of 2018. Advertising services contributed 4% of revenue in the second quarter of 2017 against 3% and 4% of revenue in the first and second quarters of 2018, respectively.