NetEase, Inc.
NTES
position
long
Alex Sacerdote
Thesis
NetEase has a strong position in the mobile gaming market, with its recent launch of 'Fantasy Westward Journey Mobile' expected to generate around $1 billion in revenue. This is significant given the company's total revenue of $2.6 billion last year, and they have more mobile games in the pipeline that could provide additional upside.
Did it work?
inconclusive
confidence: low
Without specific price performance data or a defined time horizon for the thesis, it's difficult to assess whether the investment thesis has played out. While the launch of 'Fantasy Westward Journey Mobile' could potentially generate significant revenue, we cannot determine the impact on NetEase's stock without further information. Therefore, the confidence in this evaluation is low.
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