NetEase has been consolidating its leadership of online gaming in the mobile Internet wave.
NetEase reported strong second-quarter results with online game revenue and other revenue (email, e-commerce and others) beating our estimates. The total revenue maintained explosive growth of 96% year on year, driven by 72% year on year revenue growth in online game services and 310.6% year on year revenue growth in email, e-commerce and other business. The operating margin retained a healthy level of 34%, versus 31.8% in the same quarter last year, due to the margin improvement of email, e-com...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
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